HIVE Digital Technologies Ltd reports results for the quarter ended September 30 - Earnings Summary

• HIVE Digital Technologies Ltd HIVE.TO reported a quarterly adjusted loss of 29 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of seven analysts for the quarter was for a loss of 18 cents per share. Wall Street expected results to range from -23 cents to -14 cents per share.

• Revenue fell 2.7% to $84.88 million from a year ago; analysts expected $75.07 million.

• HIVE Digital Technologies Ltd's reported EPS for the quarter was a loss of 29 cents​.

• The company reported a quarterly loss of $78.43 million.

• HIVE Digital Technologies Ltd shares had fallen by 39.7% this quarter and lost 31.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.2% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for HIVE Digital Technologies Ltd is $7.25, about 75% above its last closing price of $1.81

This summary was machine generated from LSEG data November 10 at 01:46 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)