Core Scientific turns lower after Q4 results disappoint

coindesk
coindesk|Mar 02, 2026 21:39
Riot Platforms topped revenue estimates as it reported earnings for the final three months of 2025. What to know : Core Scientific reported fourth-quarter revenue of $79.8 million, missing Wall Street expectations, and widening its loss to $0.42 per share. The company is shifting its focus toward hosting and colocation for high-performance computing and AI, expanding its power capacity by about 730 megawatts, including a major push into Texas. Riot Platforms posted a sharp jump in fourth-quarter revenue to $647.4 million, far above forecasts, though its shares and Core Scientific’s traded little changed in after-hours trading.(Coindesk)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads