Big Digital Energy reports $8.66 million in Q3 revenue and $1.13 loss per share
BGDE Big Digital Energy Inc
$3.20 -1.69%
View chart & analysis → - 1Big Digital Energy reported a Q3 loss of $1.13 per share and revenue of $8.66 million.
- 2Big Digital Energy's monthly operating cash burn was approximately $850,000.
- 3Management requested shareholder approval to issue up to 600 million shares.
So what's the key point?
Big Digital Energy earned $8.66 million in revenue during the third quarter but saw a loss of $1.13 per share. Because the company is continuing to spend cash, it is asking shareholders for permission to issue more new shares.
Source Earnings Whispers · View original ↗
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