Marathon Digital Holdings, Inc. (MARA) Reports Q3 Loss, Misses Revenue Estimates
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Marathon Digital Holdings, Inc. (MARA) reported a Q3 loss of $0.38 per share, matching the Zacks Consensus Estimate, but missed revenue estimates. This is a significant increase in loss compared to $0.05 per share a year ago.
November 13, 2024 | 12:45 am
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Marathon Digital Holdings reported a Q3 loss of $0.38 per share, in line with expectations but missed revenue estimates. The loss increased significantly from $0.05 per share a year ago.
The reported loss per share was in line with expectations, but the significant increase in loss compared to the previous year and missing revenue estimates are likely to negatively impact the stock price in the short term.
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