TeraWulf Reports Third Quarter 2024 Financial Results
TeraWulf Inc. (WULF)
Company Research
Source: GlobeNewswire
Q3 2024 Revenue of $27.1 million and Non-GAAP Adjusted EBITDA of $6.0 million. Revenue growth of 42.8% year-over-year for the three-month period ended September 30, 2024. Operational self-mining capacity as of September 30, 2024 increased 100% year-over-year to 10.0 EH/s. Subsequent to Q3 2024, strategic activities included: (i) sale of Nautilus JV interest, (ii) new Lake Mariner ground lease, (iii) convertible note offering and (iv) share buyback. EASTON, Md., Nov. 12, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, today announced its unaudited interim financial results for the third quarter of fiscal year 2024 and provided an operational update. Third Quarter 2024 GAAP Operational and Financial Highlights Self-mined 442 bitcoin at the Lake Mariner Facility.Revenue increased to $27.1 million in Q3 202
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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 Inc (WULF) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Challenges [Yahoo! Finance]Yahoo! Finance
- 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