TeraWulf Inc (WULF) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Challenges [Yahoo! Finance]
TeraWulf Inc. (WULF)
Company Research
Source: Yahoo! Finance
TeraWulf Inc ( NASDAQ:WULF ) sold its 25% stake in the Nautilus Crypto mine joint venture for $92 million, achieving a 3.4 times return on investment. The company secured a new long-term ground lease at Lake Mariner, increasing total acreage by nearly 50% without additional cost per acre. TeraWulf Inc ( NASDAQ:WULF ) successfully raised $500 million through an oversubscribed convertible bond offering, providing financial flexibility. The company approved a $200 million stock buyback program, repurchasing $115 million worth of shares to return value to shareholders. Operational efficiency was maintained with a cost of mining approximately $54,000 per Bitcoin, keeping TeraWulf Inc ( NASDAQ:WULF ) among the industry's lowest cost producers. GAAP revenues decreased by 24% quarter over quarter, from $35.6 million in Q2 2024 to $27.1 million in Q3 2024. The company reported a GAAP net loss attributable to common shareholders of $23.0 million for the third quarter. Self-mined
Show less
Read more
Impact Snapshot
Event Time:
WULF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WULF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WULF alerts
High impacting TeraWulf Inc. news events
Weekly update
A roundup of the hottest topics
WULF
News
- TeraWulf Announces Promotion of Sean Farrell to Chief Operating OfficerGlobeNewswire
- TeraWulf Inc. (NASDAQ:WULF) Analysts Are Pretty Bullish On The Stock After Recent Results [Yahoo! Finance]Yahoo! Finance
- TeraWulf Inc. (NASDAQ: WULF) had its price target raised by analysts at Needham & Company LLC from $6.00 to $9.50. They now have a "buy" rating on the stock.MarketBeat
- TeraWulf Reports Third Quarter 2024 Financial ResultsGlobeNewswire
- TeraWulf (WULF) Soars 23.5%: Is Further Upside Left in the Stock? [Yahoo! Finance]Yahoo! Finance
WULF
Earnings
- 11/12/24 - Miss
WULF
Sec Filings
- 11/21/24 - Form 8-K
- 11/12/24 - Form SC
- 11/12/24 - Form 10-Q
- WULF's page on the SEC website