Earnings Call Summary | Riot Platforms(RIOT.US) Q1 2024 Earnings Conference
Earnings Call Summary | Riot Platforms(RIOT.US) Q1 2024 Earnings Conference
The following is a summary of the Riot Platforms, Inc. (RIOT) Q1 2024 Earnings Call Transcript:
以下是Riot Platforms, Inc.（RIOT）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Riot Platforms reported a Q1 2024 revenue of $79.3 million, showing an 18% increase from the previous year.
The company mined fewer Bitcoins than the previous year due to increased network difficulty but still ended Q1 2024 with a notable Bitcoin inventory increase.
Non-GAAP adjusted EBITDA ($245.7 million), and net income ($211.8 million, or $0.82 per share) for Q1 significantly improved compared to the same period in 2023.
With $74.6 million in Bitcoin mining revenue, including a significant increase in hosting revenue year-over-year, Riot's financial performance is solid.
Despite increased expenditure on miner repairs and other costs in Q1 2024, the company expects these expenses to reduce, potentially improving their financial performance.
防暴平台報告稱，2024年第一季度收入爲7,930萬美元，比上年增長18％。
由於網絡難度增加，該公司開採的比特幣比上年少，但截至2024年第一季度，比特幣庫存仍顯著增加。
與2023年同期相比，第一季度非公認會計准則調整後的息稅折舊攤銷前利潤（2.457億美元）和淨收益（2.118億美元，合每股收益0.82美元）顯著改善。
Riot擁有7,460萬美元的比特幣採礦收入，包括託管收入同比的大幅增長，其財務表現穩健。
儘管2024年第一季度礦機維修和其他成本的支出有所增加，但該公司預計這些支出將減少，從而有可能改善其財務業績。
Business Progress:
業務進展：
Riot continued miner deployment in Rockdale and development activities at the new Corsicana facility, targeting a total deployed hashrate of 31 exahash by end of 2024.
The Corsicana facility, with a fully funded growth plan, is expected to be a major North American and global Bitcoin mining hub.
Riot aims to increase its self-mining operations, replacing problematic miners with MicroBT miners for enhanced operational performance.
Rather than growing their hosting business, the company's strategic focus is building upon this self-mining operational capacity and low-cost production.
Future growth plans involve capturing smaller site opportunities in North America and dealing effectively with legal litigation expenses.
The company plans to continue growth beyond the current 31 exahash by the end of the year, addressing any challenges that arise and improving financial performance by reducing miner repair costs.
Riot繼續在羅克代爾部署礦工，並在科西卡納新設施進行開發活動，目標是到2024年底將總部署的哈希率達到31 exahash。
Corsicana設施的增長計劃資金充足，預計將成爲北美和全球主要的比特幣採礦中心。
Riot旨在增加其自採業務，用MicroBT礦機取代有問題的礦工，以提高運營績效。
該公司的戰略重點不是發展託管業務，而是建立在這種自挖運營能力和低成本生產的基礎上。
未來的增長計劃包括在北美抓住較小的場地機會，並有效處理法律訴訟費用。
該公司計劃在年底之前在目前的31exahash之後繼續增長，以應對出現的任何挑戰，並通過降低礦機維修成本來改善財務業績。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。