Riot Platforms' Loss and Revenue Rise

Riot Platforms, Inc. is projected to post a loss of $0.19 per share for the current quarter, marking a year-over-year change of -575%. For the current fiscal year, the earnings estimate stands at -$0.42, indicating a year-over-year change of -50%. For the next fiscal year, the earnings estimate stands at $0.08, indicating a change of +117.7% from the previous year.

In terms of stock performance, Riot Platforms, Inc. closed at $10.20, marking a -0.87% move from the previous day. The investment community is expected to closely monitor the company's performance in its forthcoming earnings report.

The most recent estimate anticipates revenue of $99.1 million for the current quarter, indicating a 35.3% increase from the same quarter last year. For the annual period, the estimates predict earnings of -$0.42 per share and a revenue of $457.13 million, signifying shifts of -50% and +62.85%, respectively, from the previous year.