Core Scientific(CORZ) - 2024 Q3 - Quarterly Results
Core Scientific(CORZ)2024-11-06 21:13
Exhibit 99.1 corescientific.com press release Fiscal Third Quarter 2024 Highlights -more- • Incurred net loss of $455.3 million due primarily to a net $408.5 million non-cash mark-to-market adjustment to our warrants and other contingent value right liabilities required as a result of significant quarter-over-quarter increase in the value of our equity • Generated operating loss of $41.2 million, an increase of $29.2 million over third quarter 2023 • Realized adjusted EBITDA of $10.1 million • Customer init ...