UPDATE: Bit Digital Q2 Adj. EPS $(0.06) Misses $(0.04) Estimate.
Adj EPS excludes the impact of non-cash movements on digital assets and non-operating items, which together accounted for approximately $86 million of the quarterly loss.
Bit Digital made less money than expected this quarter when you look at the adjusted numbers. When a company misses its targets, it's a sign to watch whether their business is getting stronger or weaker.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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