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Riot Platforms Reports Third Quarter 2024 Financial Results, Current Operational and Financial Highlights
Prnewswire· 2024-10-30 20:15
Riot Reports $84.8 million in Total Revenue and Deployed Hash Rate of 28 EH/s CASTLE ROCK, Colo., Oct. 30, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin mining, reported financial results for the three-month period ended September 30, 2024. The accompanying presentation materials are available on Riot's website. Riot's Corsicana Facility Riot's Corsicana Facility Hash Rate Growth Hash Rate Growth "I'm pleased to announ ...
Riot Platforms Set to Report Q3 Earnings: What's in the Offing?
ZACKS· 2024-10-29 18:16
Riot Platforms, Inc. (RIOT) will report its third-quarter 2024 results on Oct. 30, after market close.See Zacks Earnings Calendar to stay ahead of market-making news.The company has had an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate in three of the four trailing quarters and missed in one, delivering an earnings surprise of 166.3%, on average.RIOT’s Q3 ExpectationsThe Zacks Consensus Estimate for the top line is pegged at $93 million, suggesting a 79.2% year-over-year inc ...
Will Riot Platforms, Inc. (RIOT) Report Negative Earnings Next Week? What You Should Know
ZACKS· 2024-10-23 15:07
Riot Platforms, Inc. (RIOT) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on October 30, 2024, might help the stock move higher if these key numbers are ...
Riot Announces Third Quarter 2024 Earnings Conference Call
Prnewswire· 2024-10-16 21:07
CASTLE ROCK, Colo., Oct. 16, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announced today that it has scheduled its third quarter 2024 earnings conference call for Wednesday, October 30, 2024, at 4:30 P.M. EST. During the call, Riot will discuss the results for the quarter ended September 30, 2024. This conference call will be available through the audio-only webcast, please use this link here to regis ...
Riot Platforms, Inc. (RIOT) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-10-15 23:01
The latest trading session saw Riot Platforms, Inc. (RIOT) ending at $8.77, denoting a +0.34% adjustment from its last day's close. This change outpaced the S&P 500's 0.76% loss on the day. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 1.01%. Coming into today, shares of the company had gained 25.58% in the past month. In that same time, the Business Services sector gained 3.52%, while the S&P 500 gained 4.31%. Analysts and investors alike will be keeping a close eye on the perform ...
Riot Platforms, Inc. (RIOT)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2024-10-09 14:56
From a technical perspective, Riot Platforms, Inc. (RIOT) is looking like an interesting pick, as it just reached a key level of support. RIOT's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most comm ...
Riot Platforms, Inc. (RIOT) Flat As Market Gains: What You Should Know
ZACKS· 2024-10-08 22:55
The most recent trading session ended with Riot Platforms, Inc. (RIOT) standing at $8.16, reflecting no shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily gain of 0.97%. Meanwhile, the Dow experienced a rise of 0.3%, and the technology-dominated Nasdaq saw an increase of 1.45%. The company's stock has climbed by 19.82% in the past month, exceeding the Business Services sector's gain of 4.27% and the S&P 500's gain of 5.41%. The investment community will b ...
Riot Announces September 2024 Production and Operations Updates
Prnewswire· 2024-10-03 13:00
Riot Produces 412 Bitcoin in September 2024 and Achieves Q3 Hash Rate Target, with 28.2 EH/s Deployed CASTLE ROCK, Colo., Oct. 3, 2024 /PRNewswire/ -- Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for September 2024. Bitcoin Production and Operations Updates for September 2024 Riot's Corsicana FacilityRiot's Corsicana Facility Riot's Corsicana Facility Phase 1Riot's Cors ...
Riot Platforms, Inc. (RIOT) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2024-09-25 22:55
In the latest trading session, Riot Platforms, Inc. (RIOT) closed at $7.44, marking a -1.2% move from the previous day. This change lagged the S&P 500's daily loss of 0.19%. At the same time, the Dow lost 0.7%, and the tech-heavy Nasdaq gained 0.04%. Prior to today's trading, shares of the company had lost 4.68% over the past month. This has lagged the Business Services sector's gain of 4.37% and the S&P 500's gain of 1.95% in that time. Analysts and investors alike will be keeping a close eye on the perfor ...
Is Riot Platforms, Inc. (RIOT) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-09-25 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Riot Platforms, Inc. (RIOT) . Riot Platforms, Inc. currently has an averag ...