In This Article:
Hut 8 (NASDAQ:HUT) First Quarter 2025 Results
Key Financial Results
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Revenue: US$21.8m (down 58% from 1Q 2024).
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Net loss: US$133.9m (down by 152% from US$258.5m profit in 1Q 2024).
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US$1.30 loss per share (down from US$2.90 profit in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hut 8 Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 27%. Earnings per share (EPS) also missed analyst estimates by 50%.
Looking ahead, revenue is forecast to grow 44% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Hut 8, and understanding these should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.