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Author: Admin | 2025-04-28
Q4 2024 Beat -$0.0700 (12.50%) Q3 2024 Missed -$0.270 (-50.00%) Q2 2024 Beat $0.0100 (354.45%) Q1 2024 Beat $0.130 (116.67%) Last 4 Quarters for CleanSpark. Below you can see how CLSK performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release. Q1 2024 Beat Release date May 09, 2024 Fiscal end date Mar 31, 2024 Price on release $16.59 EPS estimate $0.0600 EPS actual $0.130 EPS surprise 116.67% Q2 2024 Beat Release date Aug 09, 2024 Fiscal end date Jun 30, 2024 Price on release $11.46 EPS estimate -$0.0039 EPS actual $0.0100 EPS surprise 354.45% Q3 2024 Missed Release date Dec 02, 2024 Fiscal end date Sep 30, 2024 Price on release $14.52 EPS estimate -$0.180 EPS actual -$0.270 EPS surprise -50.00% Q4 2024 Beat Release date Feb 06, 2025 Fiscal end date Dec 31, 2024 Price on release $10.38 EPS estimate -$0.0800 EPS actual -$0.0700 EPS surprise 12.50% CleanSpark. Earnings Call Transcript Summary of Q4 2024 Financial HighlightsAdjusted EBITDA: The company achieved an adjusted EBITDA of $245.8 million, up 882% from $25 million year-over-year.Bitcoin Production: CleanSpark produced approximately 7,100 Bitcoins, up from 6,900 Bitcoins the previous year.Net Loss: The GAAP net loss was $145.8 million, primarily due to a non-cash impairment expense of $197 million.Operational Highlights Hash Rate Growth: The company's operational hash rate increased to 33.5 exahash per second (EH/s), targeting 37 EH/s by the end of October 2024. Power Capacity Expansion: CleanSpark has added over 425 megawatts of operational power capacity, bringing the total to 726 megawatts. Efficient Mining Operations: Current fleet efficiency stands at 19 joules per terahash (J/TH), improved from 28.4 J/TH in September of the previous year.Strategic Initiatives Infrastructure-first Growth Strategy: Leveraging a combination of greenfield development, organic site expansion, and opportunistic acquisitions to build a resilient mining infrastructure. Bitcoin HODL Strategy: The company has increased its Bitcoin holdings by approximately 260% and is working on establishing a digital asset management group to generate
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