Recap: Bit Digital Q1 Earnings

Bit Digital BTBT reported its Q1 earnings results on Monday, June 12, 2023 at 04:29 PM.

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

Bit Digital beat estimated earnings by 107.69%, reporting an EPS of $0.01 versus an estimate of $-0.13.

Revenue was down $309 thousand from the same period last year.

Last quarter the company beat on EPS by $0.09 which was followed by a 3.66% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.11	-0.06	0.01	-0.07
EPS Actual	-0.02	-0.05	0	0.04
Revenue Estimate	7.90M	16.00M	14.30M	8.90M
Revenue Actual	7.78M	9.13M	6.82M	8.57M

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.

Earnings Calendar