Bitdeer is expected to report about $258 million in quarterly sales, up from $170 million, but a $0.33 loss per share, versus $0.16. The sales increase and larger expected loss point in different directions, so the story gives no clear reason to read the company more positively or negatively.
The sales estimate points to more business than a year ago, but the expected loss is also larger. Some analysts raised their share-price targets, and others cut theirs. Since the story gives estimates rather than reported results, it does not point clearly in either direction for Bitdeer.
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