HIVE Digital Technologies Ltd. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was USD 23.34 million compared to USD 44.18 million a year ago. Revenue was USD 23.57 million compared to USD 44.18 million a year ago.

Net loss was USD 16.25 million compared to USD 116.03 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 1.41 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 1.41 a year ago.