Bitdeer Technologies Group (BTDR) came out with a quarterly loss of $3.22 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to earnings of $0.05 per share a year ago.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the mixed recovery for bitcoin miners.
Needham analyst John Todaro maintained Bitdeer Technologies BTDR with a Buy and raised the price target from $14 to $22.
Shares of Bitdeer have surged amid sharply higher Bitcoin prices. The company's Q3 earnings report was pressured by shifting market economics following the Bitcoin halving earlier this year. The company is launching a proprietary AISC Bitcoin mining platform, expected to generate financial efficiencies and drive strong growth.
Bitdeer Technologies Group (NASDAQ:BTDR ) Q3 2024 Earnings Call Transcript November 18, 2024 8:00 AM ET Company Participants Yujia Zhai - IR, Orange Group Haris Basit - CSO Jeff LaBerge - Head of Capital Markets & Strategic Initiatives Jihan Wu - Chairman and CEO Matt Kong - Chief Business Officer Conference Call Participants Greg Lewis - BTIG Brett Knoblauch - Cantor Fitzgerald Kevin Cassidy - Rosenblatt Securities Darren Aftahi - Roth Mike Colonnese - H.C. Wainwright & Company John Todaro - Needham & Company Nick Giles - B.
Bitdeer Technologies Group (BTDR) came out with a quarterly loss of $0.35 per share versus the Zacks Consensus Estimate of a loss of $0.19. This compares to earnings of $0.09 per share a year ago.
BITDEER TEC GRP (BTDR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Bitdeer Technologies Group (BTDR) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago.
BITDEER TEC GRP (BTDR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
BITDEER TEC GRP (BTDR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.