Mawson Infra Gr Q4 Sales $14.02M Beat $9.75M Estimate, Quarterly Bitcoin Production of 193 BTC
Portfolio Pulse from Benzinga Newsdesk
Mawson Infra Gr (MIGI) reported Q4 sales of $14.02M, surpassing the $9.75M estimate, marking a 43.79% beat but a 16.81% decrease from last year's $16.85M. The company produced 193 BTC in the quarter.
April 01, 2024 | 10:10 am
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Mawson Infra Gr reported Q4 sales of $14.02M, beating estimates and produced 193 BTC, despite a YOY decrease.
The significant beat on sales estimates and the disclosure of Bitcoin production are positive indicators for MIGI. Despite the year-over-year decrease, the beat against analyst expectations and the transparency in Bitcoin production could foster positive investor sentiment in the short term.
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