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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- Revenue increased to $6.9 million in Q1 2024, with 144.8 Bitcoin mined. - Sphere 3D expects to replace older machines with newer-gen machines for efficiency. - Operating costs increased to $8.8 million, with a net loss of $4.5 million. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- Revenue increased to $6.9 million in Q1 2024, with 144.8 Bitcoin mined.
- Sphere 3D expects to replace older machines with newer-gen machines for efficiency.
- Operating costs increased to $8.8 million, with a net loss of $4.5 million.
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