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VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — HIVE Digital Technologies Ltd. (HIVE) on Tuesday reported a loss of $7.7 million in its fiscal second quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 6 cents.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The crypto currency mining company posted revenue of $22.6 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $25.3 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIVE at https://www.zacks.com/ap/HIVE