Stronghold Digital Mining, Inc. (SDIG) Reports Q3 Loss, Lags Revenue Estimates
Portfolio Pulse from
Stronghold Digital Mining, Inc. (SDIG) reported a Q3 loss of $1.12 per share, which is significantly worse than the Zacks Consensus Estimate of a $0.62 loss. This is a substantial increase in loss compared to $0.05 per share a year ago.

November 13, 2024 | 3:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Stronghold Digital Mining reported a Q3 loss of $1.12 per share, missing the Zacks Consensus Estimate of a $0.62 loss. This marks a significant increase in losses compared to the previous year.
The reported loss of $1.12 per share is significantly higher than the expected loss of $0.62, indicating worse-than-expected financial performance. This is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100