Financial Performance3Q24 results fall short on lower hosting revenues, with total 3Q24 revenues declining -38% q/q to $62.0M, short of the $81.8M estimate.
Product AvailabilityManagement emphasized that the timeline to product availability for the A4 design is a consideration, suggesting potential delays.
Profitability ConcernsMargins appear to be saved by the more recent rise in BTC price, but with that comes increased volatility around future profitability in BTC mining.