- BIT Mining press release ( NYSE: BTCM ): Q4 Non-GAAP EPADS of -$1.93.
- Revenue of $61M (-87.7% Y/Y) beats by $7.7M .
- Non-GAAP operating loss was $21.1 million for the fourth quarter of 2022, compared with non-GAAP operating loss of $15.1 million for the fourth quarter of 2021, and non-GAAP operating loss of $14.3 million for the third quarter of 2022.
- As of December 31, 2022, the Company had cash and cash equivalents of $5.4 million, restricted cash of $0.1 million and short-term investment of $2.4 million, compared with cash and cash equivalents of $19.9 million and restricted cash of $0.1 million as of September 30, 2022.
- As of December 31, 2022, the Company had cryptocurrency assets of $15.0M in aggregate.
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BIT Mining Non-GAAP EPADS of -$1.93, revenue of $61M beats by $7.7M