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Stock impact report

BIT Mining First Half 2024 Earnings: EPS: US$0.002 (vs US$0.54 loss in 1H 2023) [Yahoo! Finance]

BIT Mining Limited ADS (BTCM) 
Company Research Source: Yahoo! Finance
Key Financial Results Revenue: US$19.4m (down 87% from 1H 2023). Net income: US$21.0k (up from US$5.85m loss in 1H 2023). Profit margin: 0.1% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. EPS: US$0.002 (up from US$0.54 loss in 1H 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period BIT Mining shares are up 5.4% from a week ago. Risk Analysis Don't forget that there may still be risks. For instance, we've identified 3 warning signs for BIT Mining (1 shouldn't be ignored) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation Show less Read more
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