Bitfarms Q3 EPS $(0.07) Vs $(0.40) YoY, Sales $34.60M Beat $34.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bitfarms reported Q3 earnings per share (EPS) of $(0.07), an improvement from $(0.40) year over year. The company's sales of $34.60M beat the estimate of $34.50M.
November 07, 2023 | 12:03 pm
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POSITIVE IMPACT
Bitfarms' Q3 earnings improved year over year and sales beat estimates. This could potentially have a positive impact on the company's stock.
Bitfarms reported improved earnings and sales that beat estimates. This is generally seen as positive news by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100