TeraWulf Q2 EPS $(0.08) Misses $(0.02) Estimate, Sales $15.46M Miss $21.41M Estimate
Portfolio Pulse from Benzinga Newsdesk
TeraWulf (NASDAQ:WULF) reported Q2 losses of $(0.08) per share, missing the analyst consensus estimate of $(0.02) by 300%. The company also reported quarterly sales of $15.46 million, missing the analyst consensus estimate of $21.41 million by 27.81%. However, this represents a 1.02K% increase over sales of $1.39 million the same period last year.
August 14, 2023 | 10:07 am
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TeraWulf's Q2 earnings missed analyst estimates, with losses of $(0.08) per share and sales of $15.46 million. Despite the miss, sales have increased significantly compared to the same period last year.
TeraWulf's Q2 earnings missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term. However, the significant increase in sales compared to the same period last year could mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100