CleanSpark posts Q3 profit beat as hashrate reaches 50 EH/s goal

2 hours ago 1
Bitcoin ASIC miners in warehouse. ASIC mining equipment on stand racks for mining cryptocurrency in steel container. Blockchain techology application specific integrated circuit units storage

artiemedvedev/iStock via Getty Images

CleanSpark's (NASDAQ:CLSK) fiscal third-quarter earnings, released Thursday, came in stronger than expected as the bitcoin (BTC-USD) miner reached its 50 exahashes per second (EH/s) milestone.

Q3 GAAP EPS of $0.78, surpassing the $0.50 average analyst estimate, jumped from -$0.49 in Q2 and -$1.03 in Q2 2024.

Recommended For You

More Trending News

Read Entire Article