LM Funding reports Q3 EPS (41c) vs ($2.25) last year

Reports Q3 revenue $2.2M vs $1.26M last year. “The third quarter was about execution, integration, and disciplined capital allocation,” said Bruce Rodgers, Chairman and CEO of LM Funding (LMFA). “We strengthened our Bitcoin treasury through a $21.3 million financing, completed the acquisition and integration of a 11-megawatt Mississippi facility, and expanded our owned infrastructure to 26 megawatts across two sites. After quarter-end, we simplified our capital structure with a private repurchase of units and authorized a share buyback program – tangible actions that demonstrate our belief in the value we’re building. We are long on Bitcoin and confident in our strategy to build equity value, and every decision we make is focused on improving per-share intrinsic value over time.”