MARA Holdings Q3 Earnings: Revenue Miss; EPS Miss; 2,070 Bitcoin Mined; Energized Hash Rate Up 9%; Exahash Target ‘Firmly In Sight’
Posted On November 12, 2024
Bitcoin (CRYPTO: BTC) miner MARA Holdings Inc (NASDAQ:MARA) reported financial results for the third quarter after the close on Tuesday. Here’s a rundown of the report.
Q3 Earnings: MARA Holdings reported third-quarter revenue of $131.6 million, missing the consensus estimate of $151.67 million, according to Benzinga Pro. The Bitcoin miner reported an adjusted loss of 34 cents per share, missing analyst estimates for a loss of 26 cents per share.
Total revenue was up 35% …
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