GREE 8-K: Greenidge reports Q3 preliminary revenue ~$21M, net loss $7-8M, Adj EBITDA ~$0-1M

Greenidge reports Q3 preliminary revenue ~$21M, net loss $7-8M, Adj EBITDA ~$0-1M

Greenidge Generation Holdings Inc.

2023-Q3 EPS reported -$5.12 revenue$50,746,000

Revenue of approximately $21 million for the third quarter ended September 30, 2023.

Net loss from continuing operations expected in a range of $7 million to $8 million.

Adjusted EBITDA (non-GAAP) expected between approximately $0 and $1 million.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Greenidge Generation Holdings Inc. reported third quarter of 2023 results: revenue approximately $21 million, net income net loss from continuing operations in a range of approximately $7 million to $8 million.

Period: third quarter of 2023
Revenue: approximately $21 million
Net income: net loss from continuing operations in a range of approximately $7 million to $8 million
Result: preliminary results

Exact text from the filing

Greenidge Generation Announces Selected Preliminary Financial and Operating Results for the Third Quarter 2023 Fairfield, Conn. – October 25, 2023 – Greenidge Generation Holdings Inc. (NASDAQ: GREE) (“Greenidge”), a vertically integrated cryptocurrency datacenter and power generation company, today announced selected preliminary financial and operating results for the third quarter of 2023. For the three months ended September 30, 2023, Greenidge expects to report revenue of approximately $21 million, net loss from continuing operations in a range of approximately $7 million to $8 million and Adjusted EBITDA in a range of approximately zero to approximately $1 million. Adjusted EBITDA is a non-GAAP measure. See the tables attached to this press release for a reconciliation from GAAP to non-GAAP measures and

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