BitFuFu Inc. Reports Net Income Decrease to $30.3M, EPS Falls to $0.18 for Six Months Ended June 30, 2025, Despite Increased Revenue Concentration from Top Customers
Reuters
Sep 05
BitFuFu Inc. Reports Net Income Decrease to $30.<a href="https://laohu8.com/S/MMM">3M</a>, EPS Falls to $0.18 for Six Months Ended June 30, 2025, Despite Increased Revenue Concentration from Top Customers
BitFuFu Inc. recently released its financial results for the first half of 2025, reporting a net income of $30.3 million, a decrease from the $36.6 million reported in the same period of the previous year. The earnings per share also saw a decline, with the diluted EPS at $0.18 compared to $0.22 in 2024. The company's interest expense rose to $4.3 million from $3.1 million, while interest income was slightly down to $1.1 million from $1.1 million. As part of its financial activities, BitFuFu reported net income adjustments related to digital assets, with a negative impact of $92.3 million in 2025 compared to $161.8 million in the prior year. The results reflect the ongoing adjustments necessary to align with the company's financial strategies and market conditions. No specific guidance or outlook for future periods was provided in the report.
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