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Cipher Mining (CIFR) - 2024 Q2 - Earnings Call Transcript
2024-08-13 16:15
Cipher Mining Inc. (NASDAQ:CIFR) Q2 2024 Earnings Conference Call August 13, 2024 8:00 AM ET Company Participants Tyler Page - Chief Executive Officer Ed Farrell - Chief Financial Officer Joshua Kane - Head of Investor Relations Conference Call Participants Brett Knoblauch - Cantor Fitzgerald Bill Papanastasiou - Stifel John Todaro - Needham & Co. Mike Colonnese - HC Wainwright Tyler DiMatteo - BTIG Reggie Smith - JP Morgan Mike Grondahl - Northland Securities Operator Good day and welcome to the Cipher Min ...
Cipher Mining (CIFR) - 2024 Q2 - Quarterly Report
2024-08-13 13:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission File Number: 001-39625 CIPHER MINING INC. (Exact Name of Registra ...
Cipher Mining (CIFR) - 2024 Q2 - Earnings Call Presentation
2024-08-13 13:12
Presentation for Business Update AUGUST 13, 2024 Forward-Looking Statements 2 This communication contains certain forward-looking statements within the meaning of the federal securities laws of the United States. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Any statements ma ...
Cipher Mining (CIFR) - 2024 Q2 - Quarterly Results
2024-08-13 11:18
Exhibit 99.1 Cipher Mining Provides Second Quarter 2024 Business Update Current hashrate of ~8.7 EH/s on target for ~13.5 EH/s by end of 2024 and ~35.0 EH/s by end of 2025 Acquiring additional 1.7 GW of power capacity suitable for HPC infrastructure or bitcoin mining Second Quarter 2024 GAAP Net Loss of $15m, and Non-GAAP Adjusted Loss of $3m NEW YORK—August 13, 2024—Cipher Mining Inc. (NASDAQ: CIFR) ("Cipher" or the "Company") today announced results for its second quarter ended June 30, 2024, with an upda ...
Cipher Mining Provides Second Quarter 2024 Business Update
GlobeNewswire News Room· 2024-08-13 11:00
Current hashrate of ~8.7 EH/s on target for ~13.5 EH/s by end of 2024 and ~35.0 EH/s by end of 2025 Acquiring additional 1.7 GW of power capacity suitable for HPC infrastructure or bitcoin mining Second Quarter 2024 GAAP Net Loss of $15m, and Non-GAAP Adjusted Loss of $3m NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) ("Cipher" or the "Company") today announced results for its second quarter ended June 30, 2024, with an update on its operations and business strategy. "We curre ...
Cipher Mining (CIFR) to Report Q2 Earnings: What's in Store?
ZACKS· 2024-08-09 13:21
Cipher Mining (CIFR) is scheduled to release its second-quarter 2024 results on Aug 13, before market open. Q2 Expectations We expect that CIFR's capability of identifying and negotiating greenfield acquisition sites, structuring efficient power arrangements and building best-in-class data centers have positively impacted the performance in the tobe-reported quarter. The Zacks Consensus Estimate for the company's revenues is pegged at $38.9 million, indicating a 24.4% increase from the year-ago quarter's ac ...
Cipher Mining Inc. (CIFR) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-08-06 23:00
Cipher Mining Inc. (CIFR) closed the most recent trading day at $3.97, moving -1.98% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.04% for the day. Meanwhile, the Dow experienced a rise of 0.76%, and the technology-dominated Nasdaq saw an increase of 1.03%. Shares of the company witnessed a loss of 12.34% over the previous month, trailing the performance of the Business Services sector with its loss of 5.54% and the S&P 500's loss of 6.74%. Analysts and ...
Cipher Mining Announces July 2024 Operational Update
Newsfilter· 2024-08-02 13:00
NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for July 2024. Key Highlights | --- | --- | |--------------------------------------|-----------| | | | | Key Metrics | July 2024 | | BTC Mined1 | 178 | | BTC Sold | 108 | | BTC Held | 2,270 | | Deployed Mining Rigs | 75,000 | | Month End Operating Hash Rate (EH/s) | 8.7 | 1 Includes July power sales estimates (based on current meter data and n ...
Cipher Mining Announces July 2024 Operational Update
GlobeNewswire News Room· 2024-08-02 13:00
NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ:CIFR) ("Cipher" or the "Company") today released its unaudited production and operations update for July 2024. Key Highlights | --- | --- | |--------------------------------------|-----------| | | | | Key Metrics | July 2024 | | BTC Mined1 | 178 | | BTC Sold | 108 | | BTC Held | 2,270 | | Deployed Mining Rigs | 75,000 | | Month End Operating Hash Rate (EH/s) | 8.7 | 1 Includes July power sales estimates (based on current meter data and n ...
Cipher Mining Announces Date of Second Quarter 2024 Business Update Conference Call
GlobeNewswire News Room· 2024-07-29 20:05
The live webcast and a webcast replay of the conference call can be accessed from the investor relations section of Cipher's website at https://investors.ciphermining.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. Contacts: Investor Contact: Josh Kane Head of Investor Relations at Cipher Mining josh.kane@ciphermining.com NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Cipher Mining Inc. (NASDAQ: CIFR) ("Cipher" or the "Company"), a U ...