CleanSpark reports Q3 EPS 90c vs. ($1.03) last year

Reports Q3 revenue $198.6M, consensus $200.34M. “This was the most successful quarter in CleanSpark’s (CLSK) history, and it reflects the strength of our strategy, the discipline of our execution, and the tireless commitment of our team,” said CEO Zach Bradford. “We reached 50 EH/s of operational hashrate in June, becoming the first public company to do so exclusively with American infrastructure, while achieving record basic EPS of 90c and nearly $200M in revenue. We also grew our bitcoin treasury to over $1B in value, all without raising capital through equity offerings since November 2024. Having achieved 5.8% of global hashrate under management and over one gigawatt of power contracted, CleanSpark is proving that our vertically integrated model is built not just for growth, but for leadership. We believe the future of Bitcoin will be defined by those who build with purpose, and CleanSpark is setting the standard”. “Q3 was a pivotal quarter for CleanSpark, as we fully funded operational expenses through monthly bitcoin production while simultaneously expanding our bitcoin treasury,” said CFO Gary Vecchiarelli. “We also launched our Digital Asset Management team’ derivatives strategy, which began producing promising early returns and validating our approach. As we look ahead, we remain committed to drive accretive growth through high-efficiency operations and a resilient, strategically positioned balance sheet.”