Bitdeer Technologies Reports Q3 Revenue Beat Amid GAAP EPS Miss
Bitdeer Technologies (BTDR) reported third-quarter financial results characterized by significant top-line growth and an earnings miss. The company achieved revenue of $320.7 million, representing an 89% increase year-over-year and exceeding analyst expectations by $62.51 million. Despite the revenue beat, Bitdeer reported a GAAP EPS of -$0.46, missing estimates by $0.09. However, profitability metrics showed strong momentum, with adjusted EBITDA rising to $69.6 million—a 173% increase compared to the previous year and a substantial jump from the $31.1 million reported in Q2.
Tickers: $BTDR
Topics: earnings miss EBITDA growth financial results revenue beat