2023-05-15 17:01:45 ET
- Greenidge Generation Holdings press release ( NASDAQ: GREE ): Q1
- Revenue of $15.2M (-47.9% Y/Y).
- Net loss from continuing operations was $8.8 million for the first quarter as compared to $1.7 million in the first quarter of the prior year.
- Adjusted EBITDA loss for the first quarter was $1.1 million compared to the prior year first quarter Adjusted EBITDA of $7.3 million.
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As of March 31, 2023, Greenidge had cash of $17.0 million and debt balance of $97.3 million, which was reduced from $157.5 million as of December 31, 2022.
For further details see:
Greenidge Generation Holdings reports Q1 results