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MARA Holdings reports smaller-than-expected loss per share but revenue misses significantly

Earnings Whispers +1 · ·by G4L

MARA
MARA MARA Holdings Inc
$7.34 +10.54%
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  1. 1MARA Holdings reported a loss of $0.50 per share for the September quarter, beating the consensus of -$0.58 by 21.9%.
  2. 2MARA Holdings reported revenue of $164,230,000 for the September quarter, missing the consensus of $210,490,000 by 22.0%.
  3. 3Financial statements improved while operations weakened, and the HPC lease catalyst may be pushed back to 2027.

So what's the key point?

MARA Holdings reported a smaller loss than expected, but revenue was lower than anticipated. While the financial position improved, operations weakened and new business plans may be delayed.

Source Earnings Whispers +1 · View original ↗

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