Core Scientific Announces Fiscal First Quarter 2024 Results
Core Scientific, Inc. (CORZ)
Company Research
Source: Business Wire
Fiscal First Quarter 2024 HighlightsGenerated net income of $210.7 million, including a gain on extinguishment of prior obligations of $143.8 millionProduced adjusted EBITDA of $88.0 millionStrengthened the balance sheet, ending the quarter with $98.1 million in cash and cash equivalentsEarned 2,825 self-mined bitcoin, more than any other publicly listed miner in North AmericaOperated total hash rate of 25.5 EH/s, consisting of 19.3 EH/s self-mining and 6.2 EH/s hostingOwned and managed approximately 745 megawatts of infrastructure, the largest owned infrastructure footprint among publicly listed miners in North AmericaImproved average actual self-mining fleet energy efficiency to 26.85 joules per terahash AUSTIN, Texas--(BUSINESS WIRE)--Core Scientific, Inc. (NASDAQ: CORZ), a leader in bitcoin mining, specializing in application-specific digital infrastructure for emerging high-value compute, today announced financial results for the fiscal first quarter of 2024. Net income was $2
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CORZ
News
- Core Scientific, Inc. (NASDAQ: CORZ) was upgraded by analysts at BTIG Research from a "neutral" rating to a "buy" rating. They now have a $8.00 price target on the stock.MarketBeat
- Core Scientific, Inc. to Participate in 19th Annual Needham Technology, Media, & Consumer ConferenceBusiness Wire
- Core Scientific Announces April 2024 Production and Operations UpdatesBusiness Wire
- Core Scientific, Inc. Schedules First Quarter Fiscal Year 2024 Earnings Release, Conference Call and WebcastBusiness Wire
- Core Scientific to Expand its Denton, Texas Bitcoin Mining Data Center by 72 MegawattsBusiness Wire
CORZ
Earnings
- 5/8/24 - Beat
CORZ
Sec Filings
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- 5/29/24 - Form 4
- CORZ's page on the SEC website