![]() ![]() Wrap Up:ĬleanSpark stock was falling despite reporting increased revenue in the third quarter of 2021. The stock has produced 598 Bitcoins from the beginning of mining operations through August 14, 2021. ![]() Bitcoin Mining:ĬleanSpark stock produced over 191 Bitcoins in the quarter ended June 30, 2021. The working capital of CLSK stock by the end of June 2021 was $39.9 million. Non-GAAP net income of the CLSK stock for the nine months ended June 30, 2021, was $6.2 million, or $0.23 earnings per share.ĬLSK stock had $22.2 million in cash, 10.4 million in digital currency, and $297.5 million in total assets as of June 30, 2021.Non-GAAP net loss for the nine months reached $2.7 million, or $0.10 loss per share.Net loss for the CleanSpark improved by $1.72 per share to reach $16.4 million, or a $0.60 loss per share.CLSK stock recorded $22.3 million revenue for the nine months ended June 30, 2021, 176% higher than the prior-year same period.The previous year’s same quarter non-GAAP net income was $1.1 million or $0.10 loss per share.ĬLSK Stock Nine Months Ended June 30, 2021: Non-GAAP net income of CLSK stock for the reported quarter was $2.3 million, or $0.07 earnings per share.This represents an increase of $0.01 loss per share as compared to the same tenure of the previous year. Non-GAAP net loss of CLSK stock reached $3.6 million, or $0.11 loss per share in the three months ended June 30, 2021.Net loss improved as compared to a loss of $8.5 million, or $0.77 loss per share in the prior year same quarter. CLSK stock suffered a net loss of $16.7 million, or $0.49 basic loss per share in the reported quarter.This represents an increase of 250% or $8.5 million as compared to the same period of the previous year. ![]() CleanSpark generated $11.9 million in revenue in the three months ended June 30, 2021.CLSK Stock Nine Months Ended June 30, 2021:.Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy. On the technical perspective front, indicators give CLSK a short term outlook of 100% Buy on average. Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. Per this projection, the revenue is forecast to grow 38.90% above that which the company brought in 2023. Staying with the analyst view, there is a consensus estimate of $182.75 million for the company’s annual revenue in 2023. The average estimate suggests sales growth for the quarter will likely rise by 65.90% when compared to those recorded in the same quarter in the last financial year. On average, analysts have forecast the company’s revenue for the quarter will hit $51.46 million, with the likely lows of $45.62 million and highs of $65.5 million. ![]() In this case, analysts estimate an annual EPS growth of 11.90% for the year and 15.10% for the next year. Analysts tracking CLSK have forecast the quarterly EPS to shrink by -0.26 per share this quarter, while the same analysts predict the annual EPS to hit -$1.19 for the year 2023 and up to -$1. Here are five of the best ways to profit from the AI boom.ĬleanSpark Inc., which has a market valuation of $841.80 million, is expected to release its quarterly earnings report – Aug 11, 2023. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. The artificial intelligence (AI) revolution is already here. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |