Greenidge posts FY25 net income USD 5.3 million; operating loss narrows to USD 3.8 million

Reuters04-01

Greenidge posts FY25 net income USD 5.3 million; operating loss narrows to USD 3.8 million

Greenidge swung to net income of USD 5.3 million from a year-earlier net loss of USD 19.8 million.
Revenue edged down 1% to USD 59 million.
Operating loss narrowed to USD 3.8 million from USD 11.4 million.
Power and capacity revenue more than doubled to USD 22 million, while datacenter hosting revenue fell 28% to USD 21 million.
Management said liquidity should cover cash needs through Q3 2026 but not debt payments due in October 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenidge Generation Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001844971-26-000011), on March 31, 2026, and is solely responsible for the information contained therein.

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