Crypto Shares Jumped In Morning Trading. Riot Platforms Up 7%; Strategy Up 3%; MARA and Coinbase Up 1%;

Tiger Newspress
05-02

Crypto Shares Jumped In Morning Trading. Riot Platforms Up 7%; Strategy Up 3%; MARA and Coinbase Up 1%;

Riot Platforms Inc RIOT.OQ reported a quarterly adjusted loss of 90 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 81 cents. The mean expectation of twelve analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -58 cents to $1.06 per share.

  • Revenue rose 103.5% to $161.39 million from a year ago; analysts expected $158.28 million.

  • Riot Platforms Inc's reported EPS for the quarter was a loss of 90 cents​.

  • The company reported a quarterly loss of $296.37 million.

  • Riot Platforms Inc shares had risen by 1.7% this quarter and lost 29.1% so far this year.

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