Bit Digital, Inc. (BTBT) Reports Q4 Loss, Tops Revenue Estimates
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Bit Digital, Inc. (BTBT) reported a Q4 loss of $0.11 per share, missing the Zacks Consensus Estimate of a $0.04 loss. However, the company exceeded revenue expectations.
March 14, 2025 | 2:30 pm
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Bit Digital reported a larger-than-expected Q4 loss of $0.11 per share, missing the Zacks Consensus Estimate of a $0.04 loss. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share is a negative indicator, but the revenue beat provides a positive offset. The mixed results create uncertainty in the short-term stock price direction.
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