WULF Earnings Prediction
The chart below shows how WULF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, WULF sees a +7.37% change in stock price 10 days leading up to the earnings, and a +2.73% change 10 days following the report. On the earnings day itself, the stock moves by -3.81%. This data can give you a slight idea of what to expect for the next quarter's release.
WULF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
27.06M
42.75%
-23.94%
Gross Margin
-11.99%
-192.30%
-156.69%
Operating Margin
-60.26%
26.30%
253.43%
Net Margin
-84.01%
-16.32%
174.81%
EPS
-0.06
-33.33%
100.00%
No Data Available
WULF Earnings Analysis
TeraWulf Inc. Common Stock Corporation (WULF.O) Earnings Conference Call
Positive
Nautilus Cryptomine Sale: In early October, we sold our 25% stake in the Nautilus Cryptomine joint venture to Talon Energy, valued at $92 million, delivering a 3.4 times return on our investment.
Acreage Expansion Without Cost Increase: We increased our total acreage by nearly 50%, from 107 acres to 157 acres, without any additional cost per acre.
Infrastructure Capacity Expansion: We now have exclusive rights to up to 750 megawatts of infrastructure capacity and power, positioning us well to attract top-tier, high-speed compute clients looking for scale and reliability.
Debt Clearance and Capital Deployment: In July, we cleared out legacy debt, freeing up capital that we're now deploying into our WULF Compute business.
Convertible Bond Offering Success: In October, we successfully raised $500 million through an oversubscribed convertible bond offering, providing us the flexibility needed to continue investing in both our Bitcoin mining operations and our growing HPC initiatives.
Negative
Bitcoin Mining Decline: In the third quarter of 2024, the company reported a 21% decrease in Bitcoin mined, down to 555 Bitcoins from 699 in the previous quarter.
Quarterly Revenue Decline: GAAP revenues fell by 24% quarter-over-quarter, dropping to $27.1 million from $35.6 million in the second quarter of 2024.
EBITDA Decline Analysis: The non-GAAP adjusted EBITDA for the third quarter was $6.0 million, a significant decline from $19.5 million in the second quarter of 2024.
Operating Expenses Increase: Operating expenses increased by 5% quarter-over-quarter, rising from $1.7 million in the second quarter to $1.6 million in the third quarter of 2024.
Net Loss Comparison: The company incurred a net loss attributable to common shareholders of $23.0 million in the third quarter, compared to a net loss of $11.2 million in the second quarter.
WULF FAQs
How does WULF typically perform around its earnings report dates?
Is TeraWulf Inc. (WULF) Q3 2024 Earnings Conference Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
WULF Earning Call Sentiment
TeraWulf Inc. (WULF) Q3 2024 Earnings Conference Call Transcript
1.0x
00:00
00:00
WULF.O
-0.31%Positive
The earnings call reveals several concerns: a 24% drop in revenue, increased power costs, and a significant net loss, all indicating financial strain. Despite a stock buyback program, the regulatory and supply chain issues, coupled with competitive pressures, further weigh negatively. The Q&A highlighted management's lack of clarity on key projects, adding uncertainty. Given the small-cap nature of the company, these negative factors are likely to result in a stock price decline of 2% to 8% over the next two weeks.
