Recap: Bit Digital Q3 Earnings

Bit Digital BTBT reported its Q3 earnings results on Tuesday, November 14, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Bit Digital beat estimated earnings by 50.0%, reporting an EPS of $-0.03 versus an estimate of $-0.06.

Revenue was up $2.47 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 4.92% drop in the share price the next day.

Here's a look at Bit Digital's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	-0.09	-0.13	-0.11	-0.06
EPS Actual	0.02	0.01	-0.02	-0.05
Revenue Estimate	9.58M	7.75M	7.90M	16.00M
Revenue Actual	9.04M	8.27M	7.78M	9.13M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Bit Digital visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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