IREN News and Press, Iris Energy Limited From 09/13/22

The following slide deck was published by Iris Energy Limited in conjunction with their 2022 Q4 earnings call. For further details see: Iris Energy Limited 2022 Q4 - Results - Earnings Call Presentation

Iris Energy press release ( NASDAQ: IREN ): FY Revenue of $59M beats by $0.82M . Shares +5.9% . Cash and cash equivalents as of June 30, 2022 was $110.0 million, with no corporate debt held by the Company on its balance sheet. Net Loss After Tax for the per...

Key Highlights Record revenue of $59.0 million (+647% YoY) Record Adjusted EBITDA of $26.2 million (+1,791% YoY) 1 Record Adjusted EBITDA Margin of 44% (+144% YoY) 2 Record cash flow from operations of $21.6 million (+1,124% YoY) Record average operat...

Iris Energy ( NASDAQ: IREN ) produced 301 bitcoins ( BTC-USD ) in August, a 96% jump from just 154 in July. Its average operating hashrate also rose 97% from the prior month to 2,204 PH/s, while monthly operating revenue rose by the same rate to $6.6M. The renewable bi...

Prince George on track for September 2022, increasing capacity to 3.7 EH/s Guidance by the end of Q4 2022 increased from 4.3 EH/s to 4.7 EH/s Deployment pathway to 6.0 EH/s SYDNEY, Australia, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN) (...

SYDNEY, Australia, Aug. 31, 2022 (GLOBE NEWSWIRE) -- Iris Energy Limited (NASDAQ: IREN ) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewa...

Iris Energy ( NASDAQ: IREN ) stock has climbed 1.9% in Tuesday trading after H.C. Wainwright analyst Mike Colonnese starts new coverage of the ESG-focused bitcoin miner with a Buy rating, on the basis of its control over its data centers and energy sources. "We believe I...

Citi Research analyst Jim Suva on Tuesday has resumed coverage of eco-friendly cryptocurrency miner Iris Energy ( NASDAQ: IREN ) with a Buy/High Risk rating due to the slump in bitcoin ( BTC-USD ). Suva noted that his rating was similar to his restriction that was impl...

U.S. benchmark crude oil ( USO ) closed -2.4% on Friday but climbed 3.5% for the week to $92.09/bbl, as improved prospects for U.S. gasoline demand and gas-to-oil switching at European power stations raised optimism for crude after tumbling nearly 10% a week earlier . ...

Gainers: Conifer ( CNFR ) +49%, Offerpad Solutions ( OPAD ) +23%, Hut 8 Mining ( HUT ) +13%, eHealth ( EHTH ) +13%, NerdWallet ( NRDS ) +10% . Losers: MAGIC EMPIRE GLOBAL ( MEGL ) -21%, TOP Financial ( TOP ) -22%, Iri...