BTCS Inc. (BTCS) Reports Q3 Loss, Tops Revenue Estimates
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BTCS Inc. reported a Q3 loss of $0.10 per share, which was larger than the Zacks Consensus Estimate of a $0.06 loss. This is a decline from the $0.04 loss per share reported a year ago. However, the company exceeded revenue estimates.
November 14, 2024 | 12:45 am
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BTCS Inc. reported a larger-than-expected Q3 loss of $0.10 per share, missing the Zacks Consensus Estimate of a $0.06 loss. Despite this, the company exceeded revenue estimates.
The larger-than-expected loss per share is likely to negatively impact BTCS's stock price in the short term. However, the fact that the company exceeded revenue estimates may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100