Crypto

Bit Digital stock falls 5% in pre-market after Q3 revenue miss

Summary

Bit Digital shares declined five percent during pre-market trading following the release of third-quarter financial results. The company reported twenty-seven million dollars in revenue, which missed average analyst expectations by sixteen percent.

Bit Digital’s $27 million third-quarter revenue came in 16% below analyst consensus estimates, marking an over $5 million shortfall.

Source: Read the full story at Cointelegraph.com News

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