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Bitfarms Ltd. (BITF) Reports Q1 Loss, Tops Revenue Estimates
BITFBitfarms .(BITF) ZACKS·2025-05-14 13:16

Bitfarms Ltd. (BITF) came out with a quarterly loss of 0.04pershareinlinewiththeZacksConsensusEstimate.Thiscomparestolossof0.04 per share in line with the Zacks Consensus Estimate. This compares to loss of 0.02 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of 0.04persharewhenitactuallyproducedearningsof0.04 per share when it actually produced earnings of 0.03, delivering a surprise of 175%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Bitfarms, which belongs to the Zacks Techn ...