Terawulf Inc. (WULF) PT Raised to $11 at Cantor Fitzgerald

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Go back to Terawulf Inc. (WULF) PT Raised to $11 at Cantor Fitzgerald

TeraWulf Reports Third Quarter 2024 Financial Results

November 12, 2024 4:05 PM EST

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... More