Stronghold Digital Mining: Q1 Earnings Insights

Stronghold Digital Mining SDIG reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM.

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

Stronghold Digital Mining beat estimated earnings by 107.14%, reporting an EPS of $0.01 versus an estimate of $-0.14.

Revenue was down $11.43 million from the same period last year.

Last quarter the company beat on EPS by $0.61 which was followed by a 4.86% increase in the share price the next day.

Here's a look at Stronghold Digital Mining's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.36	-0.33	-0.12	-0.02
EPS Actual	0.25	0.07	-0.15	-0.66
Revenue Estimate	19.96M	26.66M	34.86M	26.94M
Revenue Actual	23.41M	24.75M	29.18M	28.70M

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

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

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