Stronghold Digital Mining: Q1 Earnings Insights

Benzinga · 05/11/2023 11:15

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.


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:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.36 -0.33 -0.12 -0.02
EPS Actual 0.25 0.07 -0.15 -0.66
Revenue Estimate 19.96M 26.66M 34.86M 26.94M
Revenue Actual 23.41M 24.75M 29.18M 28.70M

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.