MARA Earnings Prediction
The chart below shows how MARA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MARA sees a -0.69% change in stock price 10 days leading up to the earnings, and a -12.41% change 10 days following the report. On the earnings day itself, the stock moves by +1.70%. This data can give you a slight idea of what to expect for the next quarter's release.
MARA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
131.65M
34.54%
-9.30%
Gross Margin
-51.07%
226.12%
32.31%
Operating Margin
-101.61%
180.30%
26.07%
Net Margin
-94.79%
-244.61%
-31.09%
EPS
-0.42
-223.53%
-41.67%
No Data Available
MARA Earnings Analysis
Marathon Digital Holdings, Inc. Common Stock Corporation (MARA.O) Earnings Conference Call
Positive
Capacity Expansion Announcement: MARA announced the addition of approximately 372 megawatts of owned and operated capacity across three sites in Ohio, including the acquisition of two data centers offering a combined 222 megawatts of interconnect-approved capacity.
New Compute Capacity Expansion: MARA has begun developing a 150-megawatt operation in Findlay, Ohio, which is expected to add another 150 megawatts of compute capacity.
Compute Capacity Expansion: MARA's total owned and operated compute capacity is expected to increase by over 70% with the new acquisitions and developments.
Energy Hash Rate Surge: MARA's energy hash rate has increased 93% to 36.9 exahashes per second in Q3 of this year versus Q3 of last year.
Revenue Increase Analysis: MARA's revenues increased 35% compared to the same quarter of last year, reflecting strong operational performance.
Negative
Energy Hash Rate Surge: MARA's energy hash rate increased by 93% to 36.9 exahash per second in Q3 2024 compared to Q3 2023, indicating a significant operational challenge in scaling production.
Revenue Increase vs. Costs: The company reported a 35% increase in revenues compared to the same quarter of last year, but this was overshadowed by rising operational costs.
Cost Efficiency Improvement: MARA's cost of revenue per petahash per day decreased by 18% from $45.2 in Q3 2023 to $37.1 in Q3 2024, reflecting ongoing cost management issues.
Operational Efficiency Challenges: Despite securing approximately 1 gigawatt of nameplate capacity through acquisitions and greenfield site developments, the company faces challenges in maintaining operational efficiency.
Bitcoin Price Volatility Impact: The overall Bitcoin price volatility and the impact of halving events have created uncertainty in revenue projections, complicating future financial planning.
MARA FAQs
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MARA Earning Call Sentiment
MARA Holdings, Inc. (MARA) Q3 2024 Earnings Call Transcript
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MARA.O
-0.56%Positive
The earnings call highlights strong financial performance with a 93% increase in hash rate and 35% revenue growth. The strategic acquisitions and partnerships, particularly the low-cost acquisition of data centers, enhance operational efficiency and shareholder value. The Q&A session reveals positive sentiment from analysts, with management providing clarity on cost reductions and strategic expansion. Despite some evasive responses, the overall outlook, including a pro-crypto legislative environment and energy cost reduction strategies, suggests a positive stock price movement over the next two weeks.
