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HIVE Digital Technologies: Fiscal Q2 Earnings Snapshot
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SAN ANTONIO (AP) — SAN ANTONIO (AP) — HIVE Digital Technologies Ltd. (HIVE) on Monday reported a loss of $78.7 million in its fiscal second quarter.

The San Antonio-based company said it had a loss of 29 cents per share. Losses, adjusted for asset impairment costs and non-recurring costs, came to 15 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 16 cents per share.

The crypto currency mining company posted revenue of $84.9 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $80 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIVE at https://www.zacks.com/ap/HIVE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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