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Published on 9 May 2024 on Benzinga

Marathon Digital Q1 Earnings: EPS Beat, Revenue Up 223% YoY, 2,811 Bitcoin Mined And More - Marathon...


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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.

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