8-K
filed November 13, 2023, 6:59 PM ET
ticker ANY
CIK 0001591956
earnings
confidence high
sentiment positive
materiality 0.70
Sphere 3D Q3 revenue $5.7M (+322% YoY); Bitcoin mined up 396% to 181.7 BTC
Sphere 3D Corp.
2023-Q3 EPS reported
-$1.29
revenue$14,216,000
- Total revenue $5.7M vs $1.4M in Q3 2022; digital mining revenue $5.1M (+537% YoY).
- Bitcoin production 181.7 BTC vs 36.6 BTC; operating hashrate reached 1.3 EH/s at quarter-end.
- Net loss per share improved to ($0.50) from ($2.14) in Q3 2022, narrowing on higher revenue.
- Near-term target of 1.4 EH/s with 1,000 machines; aiming for positive adjusted EBITDA before 2024 halving.
- As of Sept 30, Bitcoin holdings of 16.5 BTC with market value of $0.4M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
Sphere 3D Corp. reported third quarter ended September 30, 2023 results: revenue $5.7 million, net income $6.3 million, EPS $0.50.
- Period
- third quarter ended September 30, 2023
- Revenue
- $5.7 million
- Net income
- $6.3 million
- EPS
- $0.50
- Result
- reported results
Exact text from the filing
Total revenue was $5.7 million, compared to $1.4 million for Q3 2022, an increase of 307%.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.98
Sphere 3D Corp. reported nine months ended September 30, 2023 results: revenue $14.2 million, net income $14.6 million, EPS $1.29.
- Period
- nine months ended September 30, 2023
- Revenue
- $14.2 million
- Net income
- $14.6 million
- EPS
- $1.29
- Result
- reported results
Exact text from the filing
Total revenue was $14.2 million the first nine months of 2023, compared to $4.6 million for the first nine months of 2022, an increase of 209%.
View on SEC.gov
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