Stronghold Digital Mining (NASDAQ:SDIG) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM.

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

Earnings

Stronghold Digital Mining beat estimated earnings by 107.14%, reporting an EPS of $0.01 versus an estimate of $-0.14.

Revenue was down $11.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.61 which was followed by a 4.86% increase in the share price the next day.

Here's a look at Stronghold Digital Mining's past performance:

To track all earnings releases for Stronghold Digital Mining visit their earnings calendar here.

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