earnings
confidence high
sentiment positive
materiality 0.80
Greenidge posts Q3 net income of $12M; reaches historic air permit deal with NYSDEC
Greenidge Generation Holdings Inc.
2025-Q3 EPS reported
$0.15
revenue$47,323,000
- Q3 total revenue $15.2M, net income $12.0M (vs Q2 net loss), adjusted EBITDA $1.7M.
- Landmark agreement with NYSDEC for a new five-year Title V Air Permit for Dresden plant.
- Reduced senior unsecured debt due Oct 2026 by 47.2% to $38M; no current cash tender plans.
- Sold 7.5MW Mississippi facility for $3.9M; exploring sale/development of 60MW South Carolina site.
- No equity sales under ELOC in Q3; cash and bitcoin holdings increased by ~$3M from Q2.