Iris Energy Q3 2024 GAAP EPS $0.08 Beats $0.07 Estimate, Sales $54.349M Beat $51.496M Estimate
Portfolio Pulse from Benzinga Newsdesk
Iris Energy (NASDAQ:IREN) reported Q3 2024 earnings per share (EPS) of $0.08, beating the analyst estimate of $0.07. The company also reported sales of $54.349 million, surpassing the $51.496 million estimate. Both EPS and sales showed significant year-over-year growth.
May 15, 2024 | 9:00 pm
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Iris Energy (NASDAQ:IREN) reported Q3 2024 EPS of $0.08, beating the $0.07 estimate, and sales of $54.349 million, surpassing the $51.496 million estimate. Both metrics showed significant year-over-year growth.
The company's better-than-expected EPS and sales figures, along with significant year-over-year growth, are likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100