Bitfarms Ltd. (BITF) Reports Q2 Loss, Misses Revenue Estimates
BITFBitfarms .(BITF) ZACKS·2024-08-08 21:35

Bitfarms Ltd. (BITF) came out with a quarterly loss of 0.07pershareversustheZacksConsensusEstimateofalossof0.07 per share versus the Zacks Consensus Estimate of a loss of 0.11. This compares to loss of 0.07pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof36.360.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 36.36%. A quarter ago, it was expected that this company would post a loss of 0.03 per share when it actually produced a loss of $0.02, delivering a surprise of 33.33%.Over the last four quarters, the company has surpassed ...