MARA Reports Mixed Q3 Results: EPS Miss, Revenues Beat
1. MARA reported Q3 earnings of 27 cents, missing estimates by 38.2%. 2. Revenue surged 92% year-over-year to $252.41 million, exceeding expectations. 3. Net income rose to $123 million, a significant turnaround from losses. 4. Bitcoin holdings increased 98% year-over-year, now totaling 52,850 BTC. 5. CEO emphasizes the importance of low-cost energy for digital economy growth.