Published on 9 May 2024 on Benzinga
Bitcoin BTC/USD miner Marathon Digital Holdings Inc MARA reported first-quarter financial results after the market close on Thursday. Here’s everything you need to know.
Q1 Earnings: Marathon Digital’s first-quarter revenue grew 223% year-over-year to $165.2 million, which missed the consensus estimate of $180.69 million, according to Benzinga Pro. The bitcoin miner reported adjusted earnings of $1.26 per share, beating analyst estimates of 22 cents per share.