* Bitdeer Technologies Group reported a quarterly adjusted loss of 35 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of nine analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -9 cents to 6 cents per share.

* Revenue rose 13.7% to $62.03 million from a year ago; analysts expected $78.85 million.

* Bitdeer Technologies Group's reported EPS for the quarter was a loss of 35 cents​.

* The company reported a quarterly loss of $50.1 million.

* Bitdeer Technologies Group shares had risen by 41.6% this quarter and gained 12.5% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 79.5% in the last three months.​

* In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for Bitdeer Technologies Group is $14.00 This summary was machine generated from LSEG data November 18 at 02:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 -0.10 -0.35 Missed

Mar. 31 2024 0.00 0.01 Beat

Dec. 31 2023 0.12 0.01 Missed

Sep. 30 2023 0.01 -0.05 Missed