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Riot Platforms, Inc. (RIOT) Reports Q1 Earnings: What Key Metrics Have to Say
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Riot Platforms, Inc. (RIOT - Free Report) reported $161.39 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 103.5%. EPS of -$0.90 for the same period compares to $0.81 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $160.48 million, representing a surprise of +0.56%. The company delivered an EPS surprise of -260.00%, with the consensus EPS estimate being -$0.25.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Riot Platforms, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Quantity of Bitcoin mined: 1,530 versus 1,530 estimated by two analysts on average.
Revenue- Bitcoin Mining: $142.90 million versus the six-analyst average estimate of $139.35 million. The reported number represents a year-over-year change of +91.6%.
Revenue- Engineering: $13.90 million versus $16.57 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +195.7% change.
Revenue- Other revenue: $4.60 million versus the four-analyst average estimate of $5.11 million. The reported number represents a year-over-year change of +19066.7%.
Shares of Riot Platforms, Inc. have returned -9.7% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Riot Platforms, Inc. (RIOT) Reports Q1 Earnings: What Key Metrics Have to Say
Riot Platforms, Inc. (RIOT - Free Report) reported $161.39 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 103.5%. EPS of -$0.90 for the same period compares to $0.81 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $160.48 million, representing a surprise of +0.56%. The company delivered an EPS surprise of -260.00%, with the consensus EPS estimate being -$0.25.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Riot Platforms, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Quantity of Bitcoin mined: 1,530 versus 1,530 estimated by two analysts on average.
- Revenue- Bitcoin Mining: $142.90 million versus the six-analyst average estimate of $139.35 million. The reported number represents a year-over-year change of +91.6%.
- Revenue- Engineering: $13.90 million versus $16.57 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +195.7% change.
- Revenue- Other revenue: $4.60 million versus the four-analyst average estimate of $5.11 million. The reported number represents a year-over-year change of +19066.7%.
View all Key Company Metrics for Riot Platforms, Inc. here>>>Shares of Riot Platforms, Inc. have returned -9.7% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.