LM Funding America Reports Q3 GAAP EPS of $0.20 and Revenue of $1.9 Million
LM Funding America has released its third-quarter financial results, reporting a GAAP earnings per share (EPS) of $0.20. The company's revenue for the period reached $1.9 million, representing a 13.6% decrease compared to the same period last year. In addition to the core earnings report, the company highlighted operational updates regarding its PowerCompute, Inc. segment, noting that it successfully mined 8.1 BTC. The firm also reported progress in debt management, having reduced its secured debt to $1.25 million.
Tickers: $LMFA
Topics: bitcoin mining debt reduction earnings report revenue decline