BitNile (NILE) Reports Prelim Q1 Revenue of $32M

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BitNile Holdings Reports Preliminary Q1 2022 Financial Results Including Revenue of Approximately $32 Million, up 142% From the Prior First Fiscal Quarter

May 9, 2022 6:30 AM EDT

LAS VEGAS--(BUSINESS WIRE)-- BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company) today reported preliminary financial results for its first quarter ended March 31, 2022.

Three months ended March 31, 2022 highlights include:

Revenue of approximately $32 million, an increase of 142%, from $13.2 million in the prior first fiscal quarter; Income from operations of... More