Reported Earlier, Bitdeer Technologies Q2 Adj $0.04 Beats $(0.02) Estimate, Sales $99.23M Miss $102.98M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bitdeer Technologies (NASDAQ:BTDR) reported Q2 earnings of $0.04 per share, beating the analyst estimate of $(0.02) by 300%. However, sales of $99.23M missed the $102.98M estimate by 3.64%.
August 12, 2024 | 3:43 pm
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Bitdeer Technologies reported Q2 earnings of $0.04 per share, significantly beating the $(0.02) estimate. However, sales of $99.23M missed the $102.98M estimate by 3.64%.
The significant earnings beat is likely to have a positive short-term impact on BTDR's stock price, despite the slight miss in sales. Investors often react more strongly to earnings beats.
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