HIVE Digital Technologies Ltd reports results for the quarter ended December 31 - Earnings Summary

• HIVE Digital Technologies Ltd HIVE.V reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -2 cents. The mean expectation of six analysts for the quarter was for a loss of 10 cents per share. Wall Street expected results to range from -13 cents to -9 cents per share.

• Revenue fell 6.5% to $29.23 million from a year ago; analysts expected $27.32 million.

• HIVE Digital Technologies Ltd's reported EPS for the quarter was 1 cent​.

• The company reported quarterly net income of $1.27 million.

• HIVE Digital Technologies Ltd shares had fallen by 4.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 17.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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

• The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"

Wall Street's median 12-month price target for HIVE Digital Technologies Ltd is $8.00

This summary was machine generated from LSEG data February 12 at 06:18 p.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)