Btcs Inc Reports Results For The Quarter Ended In June: Earnings Summary

BTCS

14/08/2023 14:32

* BTCS Inc  BTCS.OQ  reported a quarterly adjusted loss of 7
cents​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for a loss of 6 cents per
share.
    * Revenue fell 25% to $385.75 thousand from a year ago;
analysts
expected $400.00 thousand. 
    * BTCS Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * BTCS Inc shares had fallen by 11.4% this quarter and
gained 66.7% so far this year.
    * The company reported a quarterly loss of $1.02 million.
    * Wall Street's median 12-month price target for BTCS Inc is
$3.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 14 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          -0.07          Missed
 Mar. 31 2023      -0.06          -0.10          Missed
 Dec. 31 2022      -0.04          -0.11          Missed
 Sep. 30 2022      -0.03          -0.08          Missed