TeraWulf (NASDAQ:WULF) Announces Quarterly Earnings Results
TeraWulf (NASDAQ:WULF – Get Free Report) announced its quarterly earnings results on Monday. The company reported ($1.13) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($1.06). The business had revenue of $50.58 million during the quarter, compared to analysts’ expectations of $56.27 million. TeraWulf had a negative net margin of 91.42% and a negative return on equity of 54.98%. The business’s revenue was up 86.9% on a year-over-year basis.
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