Marathon Digital Holdings Reports First Quarter 2024 Results [Yahoo! Finance]
Marathon Digital Holdings, Inc. (MARA)
Last marathon digital holdings, inc. earnings: 8/14 04:00 pm
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Source: Yahoo! Finance
Adjusted EBITDA Increase s to a Record $528.8 Million Fort Lauderdale, FL, May 09, 2024 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company") , global leader in leveraging digital asset compute to support the energy transformation, reported its financial and operational results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Energized hash rate increased 142% to 27.8 EH/s in Q1 2024 from 11.5 EH/s in Q1 2023 Produced 2,811 BTC during Q1 2024, a 28% increase from Q1 2023 Revenues increased 223% to $165.2 million in Q1 2024 from $51.1 million in Q1 2023 Net income increased 184% to $337.2 million, or $1.26 per diluted share, in Q1 2024 from $118.7 million, or $0.72 per diluted share, in Q1 2023 Adjusted EBITDA increased 266% to $528.8 million in Q1 2024 from $144.5 million in Q1 2023 Combined unrestricted cash and cash equivalents and bitcoin increased to $1.6 billion as of March
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MARA
Earnings
- 5/9/24 - Beat
MARA
Sec Filings
- 5/15/24 - Form 144
- 5/9/24 - Form 8-K
- 5/9/24 - Form 10-Q
- MARA's page on the SEC website