Great article, would you like

Like
Comment
Favorite

Great article, would you like to share it?

MARA Holdings Q3 Loss Widens, Revenue Increases; Shares Fall 8% After Hours

$MARA Holdings$ shares dipped over 8% in Tuesday after-hours trading after turning in a Q3 loss that narrowed less than expected, as its bitcoin production inched up 1% during the quarter.Q3 GAAP EPS of -$0.42, vs. the -$0.35 average analyst estimate, narrowed from -$0.72 in Q2 and widened from -$0.34 in the year-earlier quarter.Revenue of $131.7M, vs. falling short of the $144.4M consensus, retreated from $145.1M in the prior quarter and rose from $97.9M a year before.The miner said it's on tr

MARA Holdings Q3 Loss Widens, Revenue Increases; Shares Fall 8% After Hours

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Top
Latest

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":370354038362608,"tweetId":"370354038362608","gmtCreate":1731456732840,"gmtModify":1731456734790,"author":{"id":4124163556128082,"idStr":"4124163556128082","authorId":4124163556128082,"authorIdStr":"4124163556128082","name":"firestorm22","avatar":"https://community-static.tradeup.com/news/580bf501922aa127081237c6e060967e","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":6,"crmLevelSwitch":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.17","exceedPercentage":"80.60%","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":18,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Great article, would you like to share it?</p></body></html>","htmlText":"<html><head></head><body><p>Great article, would you like to share it?</p></body></html>","text":"Great article, would you like to share it?","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/370354038362608","repostId":2483106361,"repostType":2,"repost":{"id":"2483106361","pubTimestamp":1731455019,"share":"https://www.laohu8.com/m/news/2483106361?lang=&edition=full","pubTime":"2024-11-13 07:43","market":"hk","language":"en","title":"MARA Holdings Q3 Loss Widens, Revenue Increases; Shares Fall 8% After Hours","url":"https://stock-news.laohu8.com/highlight/detail?id=2483106361","media":"Seeking Alpha","summary":"$MARA Holdings$ shares dipped over 8% in Tuesday after-hours trading after turning in a Q3 loss that narrowed less than expected, as its bitcoin  production inched up 1% during the quarter.Q3 GAAP EPS of -$0.42, vs. the -$0.35 average analyst estimate, narrowed from -$0.72 in Q2 and widened from -$0.34 in the year-earlier quarter.Revenue of $131.7M, vs. falling short of the $144.4M consensus, retreated from $145.1M in the prior quarter and rose from $97.9M a year before.The miner said it's on tr","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/MARA\">MARA Holdings</a> shares dipped over 8% in Tuesday after-hours trading after turning in a Q3 loss that narrowed less than expected, as its bitcoin (BTC-USD) production inched up 1% during the quarter.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/87fdb70e3fa6da76bd879a053e5579f2\" tg-width=\"751\" tg-height=\"621\"/></p><p>Q3 GAAP EPS of -$0.42, vs. the -$0.35 average analyst estimate, narrowed from -$0.72 in Q2 and widened from -$0.34 in the year-earlier quarter.</p><p style=\"text-align: left;\">Revenue of $131.7M, vs. falling short of the $144.4M consensus, retreated from $145.1M in the prior quarter and rose from $97.9M a year before.</p><p style=\"text-align: left;\">The miner said it&#39;s on track to achieve its 50 exahash goal for this year, and expects to get there by mid- to late December.</p><p style=\"text-align: left;\">At the end of the quarter, MARA (NASDAQ:MARA) held 26,747 bitcoin (BTC-USD) in its balance sheet. During the three-month period, the miner generated 2,070 BTC and purchased 6,210 BTC, of which 4,144 were acquired using proceeds from a $300M offering of convertible senior notes at an average price of $59,500 per BTC.</p><p style=\"text-align: left;\">Energized hash rate climbed to 36.9 exahashes per second (EH/s) from 31.5 EH/s in Q2 and 19.1 EH/s in Q3 2023.</p><p style=\"text-align: left;\">Adjusted EBITDA was $21.8M, up from -$85.1M in Q2 and -$21.3M in Q3 2023.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MARA Holdings Q3 Loss Widens, Revenue Increases; Shares Fall 8% After Hours</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMARA Holdings Q3 Loss Widens, Revenue Increases; Shares Fall 8% After Hours\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MARA Holdings shares dipped over 8% in Tuesday after-hours trading after turning in a Q3 loss that narrowed less than expected, as its bitcoin (BTC-USD) production inched up 1% during the quarter.Q3 ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MARA":"Marathon Digital Holdings Inc"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2483106361","content_text":"MARA Holdings shares dipped over 8% in Tuesday after-hours trading after turning in a Q3 loss that narrowed less than expected, as its bitcoin (BTC-USD) production inched up 1% during the quarter.Q3 GAAP EPS of -$0.42, vs. the -$0.35 average analyst estimate, narrowed from -$0.72 in Q2 and widened from -$0.34 in the year-earlier quarter.Revenue of $131.7M, vs. falling short of the $144.4M consensus, retreated from $145.1M in the prior quarter and rose from $97.9M a year before.The miner said it's on track to achieve its 50 exahash goal for this year, and expects to get there by mid- to late December.At the end of the quarter, MARA (NASDAQ:MARA) held 26,747 bitcoin (BTC-USD) in its balance sheet. During the three-month period, the miner generated 2,070 BTC and purchased 6,210 BTC, of which 4,144 were acquired using proceeds from a $300M offering of convertible senior notes at an average price of $59,500 per BTC.Energized hash rate climbed to 36.9 exahashes per second (EH/s) from 31.5 EH/s in Q2 and 19.1 EH/s in Q3 2023.Adjusted EBITDA was $21.8M, up from -$85.1M in Q2 and -$21.3M in Q3 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}