Core Scientific reports Q4 EPS (60c) vs (51c) last year

Reports Q4 revenue $94.9M, consensus $97.06M. “In the fourth quarter, Core Scientific (CORZ) continued to build on what was a transformational year for our business,” said Adam Sullivan, Core Scientific’s Chief Executive Officer. “We successfully executed our growth strategy across multiple fronts, achieving significant milestones in both our HPC and Bitcoin mining operations. Our infrastructure expansion efforts were particularly strong – through strategic site acquisitions and existing site expansions, we increased our total portfolio capacity to 1,300 MW of powered infrastructure by year-end. Additionally, we strengthened our financial foundation through an upsized $625 million senior convertible note offering, demonstrating the market’s confidence in our vision and providing us with the capital to accelerate our growth initiatives.”