Riot Q1 net income $211.8M ($0.82 EPS), revenue $79.3M; Corsicana facility energized

Riot Platforms, Inc.

2024-Q1 EPS reported $0.81 revenue$79,296,000

Net income $211.8M ($0.82 EPS) vs $18.5M ($0.11) YoY; adjusted EBITDA record $245.7M.
Revenue $79.3M (+8% YoY); Bitcoin Mining $74.6M, Engineering $4.7M.
Produced 1,364 Bitcoin (-36% YoY); average cost to mine $23,034 (+144% YoY).
Cash $688.5M, 8,490 unencumbered Bitcoin; ATM raised $345.7M in Q1, additional $154.1M post-quarter.
Corsicana Facility energized; targeting 31 EH/s by end-2024, 41 EH/s by 2025.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Riot Platforms, Inc. reported financial results for three months ended March 31, 2024.

Period: three months ended March 31, 2024
Result: reported results

Exact text from the filing

and an update on Riot’s business and quarterly financial results and results of operation for the three months ended March 31, 2024

View on SEC.gov

1427 earnings releases filed in the last 30 days. Browse all earnings releases →

Riot Platforms, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-24-006323

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.