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BTDR — Bitdeer Technologies News Story

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Bitdeer Technologies Group reports results for the quarter ended March 31 - Earnings Summary

Bitdeer Technologies Group BTDR.OQ reported quarterly adjusted earnings of 42 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 1 cents.  The mean expectation of nine analysts for the quarter was for a loss of 31 cents per share. Wall Street expected results to range from -62 cents to -7 cents per share.

Revenue fell 41.3% to $70.13 million from a year ago; analysts expected $66.77 million.

Bitdeer Technologies Group's reported EPS for the quarter was a loss of 37 cents​.

The company reported a quarterly loss of $409.47 million.

Bitdeer Technologies Group shares had risen by 59.6% this quarter and lost 35.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 306.6% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for Bitdeer Technologies Group is $20.50

This summary was machine generated from LSEG data May 15 at 01:31 p.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.310.42Beat
Dec. 31 2024-0.21-0.33Missed
Sep. 30 2024-0.10-0.25Missed
Jun. 30 20240.00-0.03Missed

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