From StockTwits: 2025-02-07 07:30:12

CleanSpark Inc. (CLSK) saw a nearly 7% increase in pre-market trading after surpassing analyst expectations in first-quarter earnings. The company reported earnings per share of $0.83, beating estimates by $0.66, with revenue hitting $162.3 million, a 120% year-over-year increase. Net income rose sharply to $246.8 million. CleanSpark CEO Zack Bradford credited operational improvements for the strong quarter, highlighting gains in key industry metrics. The company aims to reach 50 EH/s by the first half of 2025 through expansion in Wyoming, Tennessee, and Georgia. Retail sentiment on Stocktwits remains ‘extremely bullish’ ahead of earnings.



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