On Wednesday 30th October 2024, Riot Platforms (NASDAQ: RIOT) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $0.16 loss per share for the quarter. Additionally, the company is projected to announce a total revenue of $95.35 million for this period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $391.18 million. Additionally, they are expecting the company to achieve per share profit of $0.24 for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a loss of $0.25 per share. This number was attributed to the company's total revenue, which settled at an impressive $51.9 million during the same period.
RIOT has scheduled a conference call on 30th October 2024 at 04:30 PM eastern time to discuss the third quarter financial results and other related information.
Riot Platforms (RIOT) shares traded as low as $9.93 and as high as $10.70 on a day volume of 31.33 million shares, closed Monday's regular trading session at $10.56, an advance of 9.54 percent.