Riot Platforms, Inc. (RIOT) Reports Q2 Loss, Misses Revenue Estimates
RIOTRiot Platforms(RIOT) ZACKS·2024-08-01 06:51

Riot Platforms, Inc. (RIOT) came out with a quarterly loss of 0.32pershareversustheZacksConsensusEstimateofalossof0.32 per share versus the Zacks Consensus Estimate of a loss of 0.16. This compares to loss of 0.17pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−1000.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of 0.21 per share when it actually produced earnings of $0.81, delivering a surprise of 485.71%.Over the last four quarters, the company has s ...