HIVE Digital Technologies Q1 EPS $0.03 Beats $(0.01) Estimate, Sales $32.20M Beat $24.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
HIVE Digital Technologies (NASDAQ:HIVE) reported Q1 earnings of $0.03 per share, significantly beating the analyst estimate of $(0.01). The company also reported sales of $32.20 million, surpassing the $24.32 million estimate. This marks a substantial improvement from the same period last year.
August 13, 2024 | 5:09 am
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HIVE Digital Technologies reported Q1 earnings of $0.03 per share, beating the analyst estimate of $(0.01). Sales were $32.20 million, exceeding the $24.32 million estimate. This represents a significant improvement from the same period last year.
The company's earnings and sales significantly exceeded analyst expectations, indicating strong financial performance. This is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100