Marathon Digital Holdings (NASDAQ: MARA) has declared that it intends to unveil its financial results for the fourth quarter and full year of 2023 after the market closes on February 28, 2024.
Marathon Digital (MARA) will host a webcast and conference call to discuss these results and prospects. Investors are encouraged to participate by submitting and upvoting questions before the earnings call. Management may choose to address a variety of shareholder inquiries during the call. The Q&A platform will be accessible from February 20 to February 27.
During the earnings call, Marathon’s management expected to provide a comprehensive overview of its operational and financial performance throughout 2023. Topics of discussion may include bitcoin mining production, fleet expansion, and progress on long-term strategic initiatives.
Furthermore, the management may shed light on anticipated hash rate expansion, infrastructure development, miner deliveries, and deployment, offering valuable insights into the company’s business strategy and prospects.
Marathon warns that mining revenue may fluctuate with changes in Bitcoin prices and network difficulty rates. Detailed risk factors are available in Marathon’s SEC filings.
Marathon Digital (NASDAQ: MARA) Stock Movement
MARA stock dropped -8.13% to close at $27.02 on Thursday. The traders had exchanged hands with 95,994,314 (95.99 million) shares compared to the average daily trading volume of 78.45 million.
Edward Cooke is a financial analyst, freelance writer, and editor. He has six years of experience in financial journalism. He has an in-depth understanding of equities markets, tracking major indices and providing real-time analysis on stock price movements, corporate earnings, and market sentiment.
