TeraWulf's Q1 Net Loss Widens, Revenue Declines

MT Newswires Live

05/08

TeraWulf (WULF) reported a Q1 net loss Friday of $1.01 per diluted share, widening from the $0.16 loss per share a year earlier.

Two analysts polled by FactSet expected a loss of $0.14 per share.

Revenue for the quarter ended March 31 was $34 million, compared with $34.4 million a year earlier.

Analysts polled by FactSet expected $34.6 million.

TeraWulf shares were up more than 2% premarket Friday.

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