Riot Platforms, Inc. (RIOT) has experienced a 52.7% decline in its stock year to date, a sharp contrast to the 25.1% growth seen in its industry and the 19.6% increase in the Zacks S&P 500 composite. This downturn mirrors the performance of other cryptocurrency-focused stocks, such as Cipher Mining (CIFR) , down 27.6%, and Marathon Digital (MARA) , which has fallen 31.6% during the same period. Year-to-Date Price Performance Image Source: Zacks Investment Research The stock recently closed at $7.33, hoverin ...

Riot Platforms, Inc. (RIOT) closed the latest trading day at $7.22, indicating a +0.7% change from the previous session's end. The stock lagged the S&P 500's daily gain of 1.7%. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%. Heading into today, shares of the company had lost 14.13% over the past month, lagging the Business Services sector's gain of 6.45% and the S&P 500's gain of 1.27% in that time. Analysts and investors alike will be keeping a close eye on the performance o ...

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 ...

Riot Produces 322 Bitcoin in August 2024 and Exceeds 10,000 Bitcoin Held CASTLE ROCK, Colo., Sept. 5, 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 August 2024. Riot is currently developing Phase 1 (400 MW) of the Company's Corsicana Facility.Riot is currently developing Phase 1 (400 MW) of the Company's Corsicana Facility. Building B1 at Riot's ...

Riot Platforms, Inc. (RIOT) has seen its stock decline 46% year to date. This drop starkly contrasts the 20% growth of the industry it belongs to and the 18% increase in the Zacks S&P 500 composite. This decline aligns with the performance of other cryptocurrency-centric stocks like Cipher Mining (CIFR) , which has declined 2% and Marathon Digital (MARA) , which has dropped 25% over the same period. Image Source: Zacks Investment Research Year-to-Date Price Performance Most cryptocurrency-centric stocks ten ...

Riot Platforms, Inc. (NASDAQ:RIOT) Q2 2024 Earnings Conference Call July 31, 2024 4:30 PM ET Company Participants Phil McPherson - Vice President, Capital Markets & Investor Relations Jason Les - Chief Executive Officer Colin Yee - Executive Vice President & Chief Financial Officer Jason Chung - Executive Vice President, Corporate Development & Strategy Conference Call Participants Greg Lewis - BTIG Darren Aftahi - ROTH MKM Lucas Pipes - B. Riley Securities Regi Smith - JPMorgan Joe Flynn - Compass Point Re ...

Riot Platforms, Inc. (RIOT) reported $70.02 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.8%. EPS of -$0.32 for the same period compares to -$0.17 a year ago. The reported revenue represents a surprise of -0.63% over the Zacks Consensus Estimate of $70.46 million. With the consensus EPS estimate being -$0.16, the EPS surprise was -100.00%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Riot Platforms, Inc. (RIOT) came out with a quarterly loss of $0.32 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this company would post a loss of $0.21 per share when it actually produced earnings of $0.81, delivering a surprise of 485.71%. Over the last four quarters, the company has ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ 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 UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to: Commission file number: 001-33675 RIOT PLATFORMS, INC. (Exact name of registrant as specified in its charter) Nevada 84-1553387 (State or other jurisdict ...

Exhibit 99.1 Riot Platforms Reports Second Quarter 2024 Financial Results, Current Operational and Financial Highlights Riot Reports $70.0 million in Total Revenue and Deployed Hash Rate of 22.0 EH/s CASTLE ROCK, Colo., July 31, 2024 (GLOBE NEWSWIRE) -- 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 June 30, 2024. The unaudited financial statements and accompanying presenta ...