TORONTO (AP) — TORONTO (AP) — Hut 8 Mining Corp. (HUT) on Thursday reported a loss of $133.1 million in its fourth quarter.
On a per-share basis, the Toronto-based company said it had a loss of 66 cents. Losses, adjusted for asset impairment costs and non-recurring costs, were 12 cents per share.
The crypto currency mining company posted revenue of $16.1 million in the period.
For the year, the company reported that its loss widened to $186.8 million, or 99 cents per share. Revenue was reported as $115.9 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HUT at https://www.zacks.com/ap/HUT
Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.