![]() ![]() Sales and Purchase Agreement entered into by and between CleanSpark, Inc. Press Release, dated as of Ap(furnished herewith)Ĭonformed Copy of Amended and Restated Articles of Incorporation of CleanSpark, Inc., as amended through March 8, 2023Īmendment to 2017 Incentive Plan, dated March 8, 2023Īmendment to Certificate of Incorporation. and Bitmain Technologies Delaware Limited on April 6, 2023 and Bitmain Technologies Delaware Limited on May 26, 2023ĬleanSpark Buys 12,500 Antminer S19 XP Bitcoin Miners for $40.5M Total hashrate of deployed machines and those under contract for delivery now exceeds CleanSpark’s year-end guidance of 16 EH/sĬleanSpark Reports Second Quarter FY2023 Financial Results Second quarter revenue of $42.5 million, GAAP net loss of $(18.5) million and Adjusted EBITDA of $12.7 million Mined 1,871 Bitcoin, a 109% increase over same prior year periodįuture Sales and Purchase Agreement entered into by and between CleanSpark, Inc. Membership Interest Purchase Agreement, dated Jby and among Coinmaker Miners LLC, CleanSpark, Inc., Coinmaker Miners Limited and Makerstar Capital, Inc.ĬleanSpark to Acquire Turnkey Bitcoin Mining Facilities for $9.3M in All-cash Deal The facilities will host some of the most power-efficient miners on the market, from orders paid for earlier this yearįuture Sales and Purchase Agreement entered into by and between CleanSpark, Inc. Copyright 2023 CleanSparkĬleanSpark Reports Third Quarter FY2023 Financial Results Announces 16 EH/s Expansion Fully Funded Achieved record revenue for the quarter of $45.5 million, net loss of $(14.2) million and Adjusted EBITDA of $13.3 million Reports current cash and bi Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.Investor Presentation August 2023 NASDAQ: CLSK All Rights Reserved. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 29% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. The current consensus EPS estimate is $0.35 on $46.1 million in revenues for the coming quarter and $1.33 on $180.1 million in revenues for the current fiscal year. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. So, the shares are expected to perform in line with the market in the near future. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.Īhead of this earnings release, the estimate revisions trend for CleanSpark: mixed. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. ![]() There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. ![]()
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