Cleanspark Q3 EPS $(0.12) Beats $(0.17) Estimate, Sales $45.52M Miss $45.71M Estimate
Portfolio Pulse from saritha@benzinga.com
Cleanspark (NASDAQ:CLSK) reported Q3 losses of $(0.12) per share, beating the analyst consensus estimate of $(0.17) by 29.41%. However, the company's quarterly sales of $45.52 million missed the analyst consensus estimate of $45.71 million by 0.41%. This represents a 46.72% increase over sales from the same period last year.
August 09, 2023 | 8:04 pm
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Cleanspark's Q3 earnings beat estimates but sales missed, indicating mixed performance.
Cleanspark's earnings per share beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100