Galaxy Digital's (NASDAQ: $GLXY) stock is down 5% after the crypto firm and artificial intelligence (A.I.) data centre provider issued financial results that disappointed Wall Street.
The company reported an earnings per share (EPS) loss of -$0.09 U.S., which beat consensus forecasts that called for a loss of -$0.28 U.S.
However, revenue in the period totaled $8.56 billion U.S., down 15% sequentially from $10.21 billion U.S. in the year's first quarter and missing Wall Street's forecast.
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The company reported an earnings per share (EPS) loss of -$0.09 U.S., which beat consensus forecasts that called for a loss of -$0.28 U.S.
However, revenue in the period totaled $8.56 billion U.S., down 15% sequentially from $10.21 billion U.S. in the year's first quarter and missing Wall Street's forecast.
More From Cryptoprowl:
Ramp Network Brings Multichain Wallet and Rewards to EU
#down #glxy
2 months ago