HIVE Digital Technologies Reports Profitable Quarter
Company Announcements

HIVE Digital Technologies Reports Profitable Quarter

HIVE Digital Technologies (TSE:HIVE) has released an update.

HIVE Digital Technologies, previously known as HIVE Blockchain Technologies, has reported a net income of $3,258 for the three months ended June 30, 2024, which is a significant turnaround from a net loss of $16,252 for the same period in 2023. The company’s financial position shows an increase in total assets from $307,582 to $319,590, reflecting positive growth. These unaudited condensed interim consolidated financial statements indicate a strengthening financial performance for the company.

For further insights into TSE:HIVE stock, check out TipRanks’ Stock Analysis page.

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