CleanSpark (NASDAQ:CLSK) Second Quarter 2024 Results
Key Financial Results
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Revenue: US$111.8m (up 163% from 2Q 2023).
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Net income: US$123.9m (up from US$18.2m loss in 2Q 2023).
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EPS: US$0.59 (up from US$0.23 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CleanSpark Earnings Insights
Looking ahead, revenue is forecast to grow 44% on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company’s shares are up 2.7% from a week ago.
Risk Analysis
Before we wrap up, we’ve discovered 4 warning signs for CleanSpark (3 are concerning!) that you should be aware of.
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