MARA Holdings Q4 Earnings Highlights: Record Revenue, Net Income, Bitcoin Holdings Hit 44,893 BTC

Digital asset company MARA Holdings (NASDAQ:MARA) reported fourth-quarter financial results after market close Wednesday.

Here are the key highlights.

What Happened: MARA reported fourth-quarter revenue of $214.4 million, up 37% year-over-year. The revenue beat a Street consensus estimate of $186.4 million, according to data from Benzinga Pro.

The company reported earnings per share of $1.24, beating a Street consensus estimate of 68 cents per share.

For the full fiscal year, MARA’s revenue was $656.4 million, up 69% year-over-year.

The company had records for revenue, net income and adjusted EBITDA for the full fiscal year and fourth quarter.

MARA reported a direct energy cost per Bitcoin …

Full story available on Benzinga.com