Argo Blockchain GAAP EPS of -$0.01 beats by $0.13, revenue of $7.46M misses by $1.59M

Argo Blockchain press release ( NASDAQ: ARBK ): Q3 GAAP EPS of -$0.01 beats by $0.13 .

Revenue of $7.46M (-28.3% Y/Y) misses by $1.



59M . Total Bitcoin mined in the quarter was 123, or 1.3 BTC per day.

Adjusted EBITDA of negative $2.1 million and positive $3.9 for the three months ended 30 September 2024, compared to positive EBITDA of $2.

4 million for the prior year periods. The company ended the quarter with cash of $2.5 million and held four BTC or BTC Equivalent.

Reduced debt by $12.4 million during the quarter, including the full repayment of the Galaxy loan..