NASDAQ$CLSK

Cleanspark Inc · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

CLSK Q2 2024 — $115K revenue, 31.00 EPS

Forward-looking statements contained in this Quarterly Report on Form 10-Q include, but are not limited to, statements regarding our future results of operations and financial position, future hash ra. Cleanspark Inc reported Q2 2024 results. Diluted EPS came in at $31.00. Net income of $153K. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $115K.
  • Diluted EPS: $31.00.
  • Net income: $153K.

Headline financials

Total Revenue

$112M

Previous: $42.5M+162.8%
EPS

$0.58

Previous: -$0.23+352.2%
Capital Expenditures

-$15.5M

No prior period
Free Cash Flow

$127M

Previous: -$18.5M+786.5%
Net Income

$127M

Previous: -$18.5M+786.5%
Operating Income

$137M

Previous: -$17.5M+884.2%
Gross Profit

$77.5M

Previous: $20.5M+278.7%
Total Assets

$1.54B

Previous: $532M+189.2%

Revenue & EPS history

Cleanspark · Revenue · Quarterly

$112M

Q2 2024+162.8%vs Q2 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Cleanspark · $52.5M total across 1 segment · Q4 2023

  • Bitcoin mining revenue
    $52.5M

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

+3.2%

Avg return

Earnings day

+5.9%

Avg return

5 days after

+7.0%

Avg return

30 days after

46%

18 / 39 earnings

Positive

+49.8%

Q1 2024

Best reaction

-16.3%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-0.6%-3.2%+18.5%
Q1 2026+22.0%+16.4%+11.4%
Q4 2025+15.7%+19.1%-7.7%
Q2 2025+6.1%+10.7%+12.8%
Q1 2025+9.2%+1.3%-14.9%
Q4 2024-2.8%+4.3%-35.8%
Q3 2024-8.7%-10.1%-33.9%
Q2 2024-4.9%-6.2%-4.8%
Q1 2024+49.8%+70.7%+117.4%
Q4 2023+15.9%+41.3%+67.4%
Q3 2023+11.2%+24.3%-16.5%
Q2 2023-1.2%+7.7%-11.0%
Q1 2023-13.5%-4.1%-39.2%
Q4 2022-15.2%-20.5%+15.2%
Q3 2022+21.1%+21.9%-8.5%
Q2 2022-11.0%+12.1%-9.4%
Q1 2022+23.8%+14.5%+32.0%
Q4 2021+2.2%-4.3%-33.3%
Q3 2021-16.3%-22.5%-8.7%
Q2 2021+0.7%-17.7%-13.8%
Q1 2021-0.8%+3.4%+5.4%
Q4 2020+11.2%+55.5%+88.4%
Q3 2020+6.7%+40.3%+29.8%
Q2 2020+10.0%-10.5%+23.2%
Q1 2020+3.4%+3.4%-10.2%
Q4 2019+12.7%+9.8%-3.7%
Q3 2019-5.8%-2.9%-12.6%
Q2 2019+8.1%+5.9%-26.7%
Q1 2019-12.7%-15.5%+144.4%
Q4 2018-5.4%-33.1%-55.6%
Q3 2018+0.0%+0.0%+151.7%
Q2 2018+0.0%+0.0%-33.9%
Q4 2017+0.0%+0.0%-34.8%
Q1 2018+0.0%+0.0%-34.8%
Q3 2017+0.0%+0.0%+0.0%
Q1 2017+1.4%+1.4%-14.3%
Q4 2016+0.0%
Q3 2016+0.0%
Q2 2016-7.7%
Q3 2015
Q2 2015
Q1 2015
Q3 2014
Q1 2014
Q3 2010

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