Bitfarms GAAP EPS of -$0.07 misses by $0.04, revenue of $66.85M beats by $1.89M

2 months ago 4

Earnings News

Bitfarms press release (NASDAQ:BITF): Q1 GAAP EPS of -$0.07 misses by $0.04.
Revenue of $66.85M (+32.8% Y/Y) beats by $1.89M.
Gross mining margin of 43%, down from 63% from Q1 2024.
Total energy pipeline of ~1.4 GW, ~80% based in the U.S.

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