CleanSpark Inc (NASDAQ:CLSK) reported financial results for the first quarter of fiscal 2026 on Thursday after the bell. Here’s a look at the key details from the print.
- CleanSpark stock is among today’s weakest performers. Why is CLSK stock dropping?
CleanSpark Falls Short Of Expectations In Q1
CleanSpark reported first-quarter revenue of $181.18 million, missing analyst estimates of $195.54 million. Revenue was up 11.6% year-over-year in the quarter.
The company reported a first-quarter loss of $1.35 per share, missing estimates for a loss of 15 cents per share, according to Benzinga Pro.
Adjusted EBITDA decreased to a loss of $295.4 million, down from positive adjusted EBITDA of $321.6 million a …