Riot Platforms(RIOT)

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Riot Platforms, Inc. (RIOT) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-06-09 22:51
Company Performance - Riot Platforms, Inc. closed at $10.11, reflecting a +2.64% change from the previous session, outperforming the S&P 500's daily gain of 0.09% [1] - The stock has increased by 16.16% over the past month, surpassing the Finance sector's gain of 5.44% and the S&P 500's gain of 7.21% [1] Upcoming Earnings - The company is expected to report an EPS of -$0.26, which is an improvement of 18.75% from the prior-year quarter [2] - Revenue is projected to be $142.25 million, representing a significant increase of 103.15% from the prior-year quarter [2] Full Year Projections - For the full year, earnings are projected at -$1.53 per share, indicating a decline of 550% from the prior year [3] - Revenue for the full year is estimated at $623.25 million, reflecting a growth of 65.47% from the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts for Riot Platforms, Inc. are crucial as they indicate changing business trends [4] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4] Zacks Rank and Industry Performance - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Riot Platforms, Inc. at 5 (Strong Sell) [6] - Over the past month, the Zacks Consensus EPS estimate has decreased by 0.52% [6] - The Financial - Miscellaneous Services industry, part of the Finance sector, holds a Zacks Industry Rank of 141, placing it in the bottom 43% of all industries [7]
Riot Platforms Announces Hiring of Jonathan Gibbs as Chief Data Center Officer to Lead Data Center Platform
Prnewswire· 2025-06-02 13:00
CASTLE ROCK, Colo., June 2, 2025 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), a Bitcoin-driven industry leader in the development of large scale data centers for high performance compute and bitcoin mining applications, today announced the hiring of Jonathan Gibbs as Chief Data Center Officer ("CDCO") to lead the development of Riot's data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on bu ...
Riot Platforms Powers Up: Analyst Gives 4 Reasons Why He Is Bullish
Benzinga· 2025-05-02 20:37
Needham analyst John Todaro reiterated the Buy rating on Riot Platforms, Inc. RIOT on Friday, lowering the price forecast from $13.50 to $12.On Thursday, the company reported first quarter results, in which total revenue was up from $79.3 million in the prior year's quarter, primarily driven by a $71.5 million increase in Bitcoin mining revenue.The Bitcoin miner produced 1,530 Bitcoin in the first quarter, up from 1,364 in the first quarter of 2024. Riot's average cost to mine totaled $43,808 in the quarter ...
Riot's Q1 Leaves Investors Wanting For More
Seeking Alpha· 2025-05-02 13:02
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Riot Platforms, Inc. (RIOT) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-02 00:35
Core Insights - Riot Platforms, Inc. reported a revenue of $161.39 million for Q1 2025, marking a year-over-year increase of 103.5% [1] - The company's EPS for the same period was -$0.90, a decline from $0.81 a year ago, indicating a significant EPS surprise of -260.00% compared to the consensus estimate of -$0.25 [1] Revenue Breakdown - Bitcoin mined was reported at 1,530, matching the average estimate from two analysts [4] - Revenue from Bitcoin mining reached $142.90 million, exceeding the six-analyst average estimate of $139.35 million, with a year-over-year increase of 91.6% [4] - Engineering revenue was reported at $13.90 million, below the six-analyst average estimate of $16.57 million, but still reflecting a year-over-year increase of 195.7% [4] - Other revenue amounted to $4.60 million, slightly below the four-analyst average estimate of $5.11 million, yet showing a remarkable year-over-year increase of 19066.7% [4] Stock Performance - Over the past month, shares of Riot Platforms, Inc. have returned -9.7%, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Riot Platforms, Inc. (RIOT) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-01 23:20
Riot Platforms, Inc. (RIOT) came out with a quarterly loss of $0.90 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to earnings of $0.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -260%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced earnings of $0.44, delivering a surprise of 262.96%.Over the last four quarters, the company h ...
Riot Platforms(RIOT) - 2025 Q1 - Earnings Call Transcript
2025-05-01 21:32
Riot Platforms (RIOT) Q1 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Phil McPherson - VP of Capital Markets & Investor RelationsJason Les - CEOColin Yee - Executive VP & CFOJason Chung - Executive VP and Head of Corporate Development & StrategyBenjamin Sommers - Equity Research AssociateReginald Smith - Senior AssociateMartin Toner - Managing Director - Institutional Research, Growth & InnovationMike Grondahl - Head of Equities & Director of Research Conference Call Participants Nick Gi ...
Riot Platforms(RIOT) - 2025 Q1 - Quarterly Report
2025-05-01 21:00
Table of Contents Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definition of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ If an emerging growth compan ...
Riot Platforms(RIOT) - 2025 Q1 - Quarterly Results
2025-05-01 20:43
Exhibit 10.1 CERTAIN INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***], HAS BEEN OMITTED BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL PURCHASE AND SALE AGREEMENT AMONG Rhodium Renewables LLC, Rhodium Technologies LLC, Rhodium 30MW LLC, Rhodium 2.0 LLC, Rhodium 10MW LLC, Rhodium Encore LLC, AND Jordan HPC LLC AS SELLERS AND Whinstone US, Inc., a Delaware corporation AS PURCHASER 4913-9826-8974.23 STRICTLY PRIVATE AND CONFIDENTIAL DRAFT F ...
Riot Platforms(RIOT) - 2025 Q1 - Earnings Call Presentation
2025-05-01 20:43
NASDAQ: RIOT Riot Platforms (NASDAQ: RIOT) Q1 2025 Update May 1, 2025 Forward Looking Statements Statements in this presentation that are not statements of historical fact are forward-looking statements that reflect management's current expectations, assumptions, and estimates of future performance and economic conditions, and are not guarantees of future performance or actual results. Such statements are made in reliance on the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended ...