BTC Digital Second Quarter 2024 Earnings: US$0.27 loss per share (vs US$0.10 loss in 2Q 2023)

Simply Wall St.08-17

BTC Digital (NASDAQ:BTCT) Second Quarter 2024 Results Key Financial Results Revenue: US$2.33m (down 64% from 2Q 2023). Net loss: US$704.0k (loss widened by 422% from 2Q 2023). US$0.27 loss per share ...

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All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US.The company's shares are up 2.0% from a week ago.Don't forget that there may still be risks. For instance, we've identified   3 warning signs for BTC Digital   you should be aware of.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"BTCT":"BTC Digital","BTCTW":"BTC DIGITAL LTD C/WTS 31/03/2025(TO PUR COM)","BTC":"Grayscale Bitcoin Mini Trust"},"translate_title":"BTC Digital 2024年第二季度收益：美国每股亏损0.27美元（美国2023年第二季度亏损0.10美元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BTC":1,"BTCT":1,"BTCTW":0.9},"content_text":"BTC Digital (NASDAQ:BTCT) Second Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$2.33m (down 64% from 2Q 2023).\nNet loss: US$704.0k (loss widened by 422% from 2Q 2023).\nUS$0.27 loss per share (further deteriorated from US$0.10 loss in 2Q 2023).\n\n\n\n\n  NasdaqCM:BTCT Earnings and Revenue Growth August 17th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nBTC Digital Earnings Insights\n Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Software industry in the US. \nPerformance of the American Software industry.\n The company's shares are up 2.0% from a week ago. \nRisk Analysis\n Don't forget that there may still be risks. For instance, we've identified   3 warning signs for BTC Digital (2 shouldn't be ignored)  you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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