NASDAQ$ABTC

American Bitcoin Corp · Q2 2024 earnings

Q2 2024 earnings ·

Briefing

ABTC Q2 2024 — $70.0M revenue, 30.00 EPS

We undertake no obligation to update or revise any of the forward-looking statements, whether as a result of new information, future events. American Bitcoin Corp reported Q2 2024 results. Diluted EPS came in at $30.00. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $70.0M.
  • Diluted EPS: $30.00.
  • Operating income: $7.4M.

Headline financials

Total Revenue

$5.52M

Previous: $2.29M+141.1%
EPS

-$0.10

Previous: -$0.52+80.8%
Capital Expenditures

-$1.08M

No prior period
Free Cash Flow

-$5.08M

Previous: -$3.08M-65.0%
Net Income

-$4.01M

Previous: -$3.08M-30.1%
Operating Income

-$5.87M

Previous: -$1.76M-233.5%
Gross Profit

$1.71M

Previous: $1.32M+29.2%
Cash & Equivalents

$1.22M

Previous: $828K+47.2%
Total Assets

$11.4M

Previous: $6.41M+78.6%

Revenue & EPS history

American Bitcoin Corp · Revenue · Quarterly

$5.52M

Q2 2024+141.1%vs Q2 2023
Beat estimate in 0 of 1 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+3.0%

Avg return

Earnings day

+5.3%

Avg return

5 days after

+1.1%

Avg return

30 days after

63%

12 / 19 earnings

Positive

+42.5%

Q1 2025

Best reaction

-8.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.6%-3.3%-29.8%
Q3 2025+1.8%+5.4%-22.2%
Q1 2025+42.5%+71.8%+24.9%
Q3 2024-8.1%-18.7%-33.1%
Q2 2024-5.1%+7.8%-32.7%
Q1 2024-0.6%-3.0%-18.8%
Q3 2023-0.8%+15.0%+45.8%
Q2 2023+1.3%-15.9%-38.8%
Q1 2023+0.3%-2.7%-6.7%
Q3 2022-6.3%-23.9%-34.6%
Q2 2022-3.7%-5.0%-26.2%
Q1 2022+7.0%-2.2%-1.5%
Q3 2021+9.5%+11.7%-19.3%
Q2 2021-1.4%-9.3%-5.4%
Q1 2021+1.6%+17.8%+14.5%
Q4 2020+4.2%+10.9%-34.2%
Q3 2020+3.0%+14.1%+50.8%
Q2 2020+5.2%-10.0%-35.7%
Q1 2020+5.6%+39.7%+224.4%

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