Marathon Digital (NASDAQ:MARA – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Marathon Digital (NASDAQ:MARA – Get Free Report) last issued its earnings results on Wednesday, February 28th. The business services provider reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.07). Marathon Digital had a negative return on equity of 4.61% and a net margin of 48.93%. The firm had revenue of $156.77 million during the quarter, compared to analysts’ expectations of $138.15 million. On average, analysts expect Marathon Digital to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Marathon Digital Stock Up 18.0 %
Shares of NASDAQ:MARA opened at $20.67 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 30.51 and a current ratio of 30.50. Marathon Digital has a 1 year low of $7.16 and a 1 year high of $34.09. The stock has a 50-day simple moving average of $20.02 and a 200-day simple moving average of $18.36. The stock has a market capitalization of $5.64 billion, a P/E ratio of 24.61 and a beta of 5.38.
Analysts Set New Price Targets
Read Our Latest Report on Marathon Digital
About Marathon Digital
Marathon Digital Holdings, Inc operates as a digital asset technology company that mines digital assets with a focus on the bitcoin ecosystem in United States. The company was formerly known as Marathon Patent Group, Inc and changed its name to Marathon Digital Holdings, Inc in February 2021. Marathon Digital Holdings, Inc was incorporated in 2010 and is headquartered in Fort Lauderdale, Florida.
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