BitNile (NILE) Reports Q1 Revenue of $32.8M, Net Loss of $28.8M

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BitNile Holdings Reports Q1 2022 Financial Results, Including Revenue of $33 Million, up 148% From the Prior First Fiscal Quarter

May 23, 2022 4:25 PM EDT

LAS VEGAS--(BUSINESS WIRE)-- BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (BitNile or the Company) reported its financial results today for the three months ended March 31, 2022 on its Form 10-Q filed with the Securities and Exchange Commission.

Three months ended March 31, 2022 highlights include:

Revenue of $32.8 million, an increase of 148%, from $13.2... More