Core Scientific (CORZ) Reports Q1 EPS of $0.78

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Go back to Core Scientific (CORZ) Reports Q1 EPS of $0.78

Core Scientific Announces Fiscal First Quarter 2024 Results

May 8, 2024 4:10 PM EDT

Fiscal First Quarter 2024 Highlights

Generated net income of $210.7 million, including a gain on extinguishment of prior obligations of $143.8 million Produced adjusted EBITDA of $88.0 million Strengthened the balance sheet, ending the quarter with $98.1 million in cash and cash equivalents Earned 2,825 self-mined bitcoin, more than any other publicly listed miner in North America Operated total hash rate of 25.5 EH/s, consisting of 19.3 EH/s self-mining and 6.2 EH/s hosting Owned and managed approximately 745 megawatts of infrastructure, the largest owned infrastructure footprint among publicly... More