TeraWulf (WULF) reported Friday a Q1 loss of $0.16 per diluted share, wider than a loss of $0.03 a year earlier.
Analysts polled by FactSet expected loss of $0.06 per share.
Revenue for the quarter ended March 31 was $34.4 million, down from $42.4 million a year earlier.
Analysts surveyed by FactSet expected $41.3 million.