BIT Mining (NYSE:BTCM) Full Year 2024 Results

Key Financial Results

• Revenue: US$32.9m (down 24% from FY 2023).
• Net loss: US$6.86m (loss narrowed by 73% from FY 2023).
• US$0.58 loss per share (improved from US$2.30 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

BIT Mining EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 7.8%. Earnings per share (EPS) was also behind analyst expectations.

The company's shares are down 11% from a week ago.

Risk Analysis

You still need to take note of risks, for example - BIT Mining has 4 warning signs (and 1 which is concerning) we think you should know about.

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