Recap: Marathon Digital Q2 Earnings

Recap: Marathon Digital Q2 Earnings

 

Marathon Digital Holdings MARA reported its Q2 earnings results on Monday, August 8, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Marathon Digital Holdings reported an EPS of $-2.28.

Revenue was up $65.60 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.24 which was followed by a 10.47% drop in the share price the next day.

Here's a look at Marathon Digital Holdings's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.22 0.34 0.43 0.16
EPS Actual -0.02 0.36 0.85 0.21
Revenue Estimate 54.27M 60.62M 67.37M 34.37M
Revenue Actual 51.72M 60.28M 51.71M 29.32M

To track all earnings releases for Marathon Digital Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings