💨 Abstract

HIVE Digital Technologies, a cryptocurrency mining company, reported a fiscal fourth-quarter loss of $52.9 million, or 34 cents per share. This underperformed Wall Street's expectations, which anticipated a smaller loss of 11 cents per share. Revenue for the quarter was $31.2 million, also missing forecasts. For the full year, the company reported a loss of $3 million on revenue of $115.3 million.

Courtesy: WTOP Staff