Bitdeer Technologies Group (BTDR) Reports Q3 Loss, Lags Revenue Estimates
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Bitdeer Technologies Group (BTDR) reported a Q3 loss of $0.35 per share, missing the Zacks Consensus Estimate of a $0.19 loss. This is a significant decline from last year's earnings of $0.09 per share.
November 18, 2024 | 2:30 pm
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Bitdeer Technologies Group reported a larger-than-expected Q3 loss of $0.35 per share, missing the consensus estimate of a $0.19 loss. This marks a significant decline from last year's earnings.
The reported loss of $0.35 per share is significantly worse than the expected loss of $0.19, indicating a negative surprise for investors. This, combined with the decline from last year's earnings, is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100