Recap: Cleanspark Q2 Earnings

Cleanspark (NASDAQ:CLSK) reported its Q2 earnings results on Wednesday, May 10, 2023 at 04:00 PM.

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

Cleanspark beat estimated earnings by 30.3%, reporting an EPS of $-0.23 versus an estimate of $-0.33.

Revenue was up $908 thousand from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 8.8% drop in the share price the next day.

Here's a look at Cleanspark's past performance:

Quarter	Q1 2023	Q4 2022	Q3 2022	Q2 2022
EPS Estimate	-0.62	-0.41	-0.08	0.3
EPS Actual	-0.46	-0.97	-0.39	0
Revenue Estimate	30.01M	25.10M	36.00M	42.50M
Revenue Actual	27.82M	26.17M	31.03M	41.64M

To track all earnings releases for Cleanspark visit their earnings calendar here.

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