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Compared to Estimates, Riot Platforms, Inc. Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, Riot Platforms, Inc. (NASDAQ: RIOT) reported revenue of $79.3 million, up 8.3% over the same period last year. EPS came in at $0.81, compared to $0.04 in the year-ago quarter. The reported revenue represents a surprise of -13.95% over the Zacks Consensus Estimate of $92.15 million. With the consensus EPS estimate being -$0.21, the EPS surprise was +485.71%. While investors scrutinize revenue and earnings changes year-over-year and how they ...