Stronghold Digital Mining, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 17.69 million compared to USD 26.33 million a year ago. Revenue was USD 17.73 million compared to USD 26.37 million a year ago. Net loss was USD 17.12 million compared to USD 31.22 million a year ago. Basic loss per share from continuing operations was USD 2.26 compared to USD 12.67 a year ago. Diluted loss per share from continuing operations was USD 2.26 compared to USD 12.67 a year ago.
For the nine months, sales was USD 53.08 million compared to USD 85.4 million a year ago. Revenue was USD 53.23 million compared to USD 85.49 million a year ago. Net loss was USD 54 million compared to USD 61.33 million a year ago. Basic loss per share from continuing operations was USD 8.93 compared to USD 28.17 a year ago. Diluted loss per share from continuing operations was USD 8.93 compared to USD 28.17 a year ago.