Cipher Mining's (NASDAQ: CIFR) third quarter financial results release is scheduled for Thursday 31st October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the organization is expected to report an estimated per share $0.08 loss for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $29.22 million during this period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.02. This considerable sum was attributed to the company's total revenue, which reached an impressive $30.3 million during that specific quarter.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $158.06 million. At the same time, they are expecting the company to achieve per share loss of $0.03 for the fiscal year ahead.
CIFR will host a conference call with investment community on 31st October 2024 at 08:00 AM eastern time to discuss the financial results.
Cipher Mining (CIFR) shares experienced a range of $5.33 to $5.85 on a day volume of 11.56 million shares. The stock closed Tuesday's regular trading session at $5.39, reflecting a 4.77 percent downfall.
