Bit Digital: Q4 Earnings Insights

Bit Digital BTBT reported its Q4 earnings results on Monday, March 18, 2024 at 04:35 PM.

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

Earnings

Bit Digital beat estimated earnings by 340.0%, reporting an EPS of $0.12 versus an estimate of $-0.05.

Revenue was up $8.26 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 7.000000000000001% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.06 -0.09 -0.13 -0.11
EPS Actual -0.03 0.02 0.01 -0.02
Revenue Estimate 11.87M 9.58M 7.75M 7.90M
Revenue Actual 11.60M 9.04M 8.27M 7.78M

** 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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Posted In: EarningsBZI-Recaps
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