Bitfarms Q3 Net Loss Widens, Revenue Rises

MT Newswires Live

2024/11/13

Bitfarms (BITF) reported a Q3 net loss Wednesday of $0.08 per diluted share, widening from a loss of $0.06 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.10.

Revenue for the quarter ended Sept. 30 was $44.9 million, up from $34.6 million a year earlier.

Analysts polled by Capital IQ expected $46.6 million.

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