Recap: Cleanspark Q2 Earnings

Cleanspark CLSK reported its Q2 earnings results on Wednesday, May 10, 2023 at 04:00 PM.

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

Earnings

Cleanspark beat estimated earnings by 30.3%, reporting an EPS of $-0.23 versus an estimate of $-0.33.

Revenue was up $908 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 8.8% drop in the share price the next day.

Here's a look at Cleanspark's past performance:

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate -0.62 -0.41 -0.08 0.3
EPS Actual -0.46 -0.97 -0.39 0
Revenue Estimate 30.01M 25.10M 36.00M 42.50M
Revenue Actual 27.82M 26.17M 31.03M 41.64M

To track all earnings releases for Cleanspark visit their earnings calendar here.

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

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