HIVE Digital Technologies Ltd. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was USD 30.12 million compared to USD 14.32 million a year ago. Revenue was USD 31.25 million compared to USD 14.32 million a year ago. Net loss was USD 6.95 million compared to USD 93.46 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 1.13 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 1.13 a year ago.
For the nine months, sales was USD 75.97 million compared to USD 88.09 million a year ago. Revenue was USD 77.58 million compared to USD 88.09 million a year ago. Net loss was USD 47.75 million compared to USD 243.14 million a year ago. Basic loss per share from continuing operations was USD 0.55 compared to USD 2.95 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to USD 2.95 a year ago.