Stronghold Digital Mining Q2 EPS $(1.35) Beats $(2.59) Estimate, Sales $18.23M Miss $20.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
Stronghold Digital Mining (NASDAQ:SDIG) reported Q2 losses of $(1.35) per share, beating the analyst consensus estimate of $(2.59) by 47.88 percent. However, the company's quarterly sales of $18.23 million missed the analyst consensus estimate of $20.56 million by 11.31 percent.
August 10, 2023 | 11:03 am
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Stronghold Digital Mining's Q2 earnings beat estimates but sales missed, which could lead to mixed market reactions.
Stronghold Digital Mining's Q2 earnings beat analyst estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. These mixed results could lead to uncertain market reactions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100