share_log

10-Q: Q3 2024 Earnings Report

10-Q: Q3 2024 Earnings Report

10-Q:2024财年三季报
美股SEC公告 ·  11/07 06:22

Moomoo AI 已提取核心信息

Core Scientific reported Q3 2024 revenue of $95.4 million, down 16% year-over-year, with a net loss of $455.3 million. Digital asset self-mining revenue decreased 18% to $68.1 million due to a 62% drop in bitcoin mined, partially offset by higher bitcoin prices. The company mined 1,115 bitcoins in Q3, down from 2,953 in Q3 2023.Core Scientific's self-mining hash rate increased 36% year-over-year to 20.4 EH/s. The company launched HPC hosting operations, generating $10.3 million in new revenue. Adjusted EBITDA fell to $10.1 million from $27.8 million in Q3 2023. Operating expenses rose 51% to $40.3 million, driven by higher payroll costs and HPC-related expenses.The company ended Q3 with $253.0 million in cash and equivalents. Core Scientific reaffirmed that its cash flows and resources are sufficient to fund operations for at least the next 12 months. Management is focusing on expanding HPC hosting services while reducing traditional bitcoin hosting, as it seeks more stable revenue streams amid volatility in the crypto mining sector.
Core Scientific reported Q3 2024 revenue of $95.4 million, down 16% year-over-year, with a net loss of $455.3 million. Digital asset self-mining revenue decreased 18% to $68.1 million due to a 62% drop in bitcoin mined, partially offset by higher bitcoin prices. The company mined 1,115 bitcoins in Q3, down from 2,953 in Q3 2023.Core Scientific's self-mining hash rate increased 36% year-over-year to 20.4 EH/s. The company launched HPC hosting operations, generating $10.3 million in new revenue. Adjusted EBITDA fell to $10.1 million from $27.8 million in Q3 2023. Operating expenses rose 51% to $40.3 million, driven by higher payroll costs and HPC-related expenses.The company ended Q3 with $253.0 million in cash and equivalents. Core Scientific reaffirmed that its cash flows and resources are sufficient to fund operations for at least the next 12 months. Management is focusing on expanding HPC hosting services while reducing traditional bitcoin hosting, as it seeks more stable revenue streams amid volatility in the crypto mining sector.
Core Scientific报告2024年第三季度营业收入为9540万美元,同比下降16%,净亏损为45530万美元。数字资产自挖矿收入下降18%至6810万美元,原因是比特币产量下降62%,但由于比特币价格上涨有所部分抵消。公司在第三季度挖掘了1115个比特币,低于2023年第三季度的2953个。Core Scientific自挖矿的哈希率同比增长36%,达20.4 EH/s。公司启动了HPC托管业务,创造了1030万美元的新营业收入。调整后的息税折旧及摊销前利润(EBITDA)从2023年第三季度的2780万美元降至1010万美元。营业费用上升51%,达4030万美元,主要受到更高的薪资...展开全部
Core Scientific报告2024年第三季度营业收入为9540万美元,同比下降16%,净亏损为45530万美元。数字资产自挖矿收入下降18%至6810万美元,原因是比特币产量下降62%,但由于比特币价格上涨有所部分抵消。公司在第三季度挖掘了1115个比特币,低于2023年第三季度的2953个。Core Scientific自挖矿的哈希率同比增长36%,达20.4 EH/s。公司启动了HPC托管业务,创造了1030万美元的新营业收入。调整后的息税折旧及摊销前利润(EBITDA)从2023年第三季度的2780万美元降至1010万美元。营业费用上升51%,达4030万美元,主要受到更高的薪资成本和与HPC相关费用的驱动。公司在第三季度结束时的现金和现金等价物为25300万美元。Core Scientific重申,其现金流和资源足以支持至少未来12个月的运营。管理层专注于扩大HPC托管服务,同时减少传统比特币托管,寻求在加密货币挖矿板块波动中获得更稳定的营业收入来源。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息