Gryphon Digital Mining Inc reports results for the quarter - Earnings Summary

American Bitcoin

14/11/2024 03:51

* Gryphon Digital Mining Inc  GRYP.OQ  reported a quarterly
adjusted loss of 15 cents​​ per share for the quarter , higher
than the same quarter last year, when the company reported EPS
of $-6.40.  The lone analyst forecast for the quarter was for a
loss of 16 cents per share. 
    * Revenue rose 77.1% to $3.69 million from a year ago;
analysts
expected $3.90 million. 
    * Gryphon Digital Mining Inc shares had risen by 21.8% this
quarter and lost 90.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 27.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the blockchain &
cryptocurrency peer group is also "hold"

This summary was machine generated from LSEG data November 14 at
03:51 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.16          -0.15          Beat
 Jun. 30 2024      -0.18          -0.10          Beat