Profile
Sector:
Financial ServicesIndustry:
Capital MarketsCountry:
United KingdomIPO:
23 September 2021Website:
http://www.argoblockchain.comNext earnings report:
20 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 4 min agoDividend
Analysts recommendations
Institutional Ownership
ARBK Latest News
Argo Blockchain plc (NASDAQ:ARBK ) Q3 2024 Earnings Conference Call November 20, 2024 10:00 AM ET Company Participants Markella Zarifi - Financial Communications Representative Thomas Chippas - Chief Executive Officer Jim MacCallum - Chief Financial Officer Operator Good afternoon, ladies and gentlemen, and welcome to the Argo Blockchain plc Q3 Results Investor Presentation. Throughout this recorded presentation, investors will be in listen-only mode.
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) chief executive Thomas Chippas told investors that management is keenly focussed on growth opportunities that play to its deep expertise. It comes as the cryptocurrency miner and financial technology developer reported its financial results for the third quarter of 2024, with revenue of $7.50 million for the quarter and $36.70 million for the nine months ended September 30.
LONDON, UNITED KINGDOM / ACCESSWIRE / November 20, 2024 / Argo Blockchain plc (LSE:ARB)(NASDAQ:ARBK), a global leader in cryptocurrency mining, announces its unaudited financial results for the quarter ended 30 September 2024. All $ amounts are in United States Dollars ("USD") unless otherwise stated Q3 2024 Financial Highlights: Revenue of $7.5 million and $36.7 million for the three and nine months ended 30 September 2024, respectively, compared to $10.4 million and $34.4 million for the prior year periods Total Bitcoin ("BTC") mined in the quarter was 123, or 1.3 BTC per day Mining margin percentage of 8% and 33% for the three and nine months ended 30 September 2024, respectively, compared to 58% and 47% for the prior year periods.
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) has announced the dismissal of the class action lawsuit, Murphy vs. Argo Blockchain, which was filed in January 2023 in New York.
London-listed crypto-miner Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK) reported that it produced 37 Bitcoins (BTC) in the month of September. The average daily production was 1.2 BTC, as noted.
LONDON, UK / ACCESSWIRE / October 4, 2024 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ:ARBK), is pleased to provide the following operational update for September 2024. During the month of September, the Company mined 37 Bitcoin ("BTC"), or 1.2 BTC per day consistent with August 2024.
Argo Blockchain (ARBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Argo Blockchain (ARBK) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
The fourth Bitcoin ( BTC-USD ) halving, scheduled for mid-April 2024, is poised to significantly impact the crypto market. Understanding how the halving will impact Bitcoin price dynamics and crypto mining is critical, especially when choosing which stocks to sell after the halving.
In a surprising turn of events, Argo Blockchain PLC (LSE: ARB) witnessed a substantial price drop in its shares today following the announcement of the departure of its Chief Operating Officer (COO). The company, known for its global leadership in cryptocurrency mining, disclosed this significant change in its management, impacting investor sentiment.
- 1(current)
What type of business is Argo Blockchain?
Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is based in London, the United Kingdom.
What sector is Argo Blockchain in?
Argo Blockchain is in the Financial Services sector
What industry is Argo Blockchain in?
Argo Blockchain is in the Capital Markets industry
What country is Argo Blockchain from?
Argo Blockchain is headquartered in United Kingdom
When did Argo Blockchain go public?
Argo Blockchain initial public offering (IPO) was on 23 September 2021
What is Argo Blockchain website?
https://www.argoblockchain.com
Is Argo Blockchain in the S&P 500?
No, Argo Blockchain is not included in the S&P 500 index
Is Argo Blockchain in the NASDAQ 100?
No, Argo Blockchain is not included in the NASDAQ 100 index
Is Argo Blockchain in the Dow Jones?
No, Argo Blockchain is not included in the Dow Jones index
When was Argo Blockchain the previous earnings report?
No data
When does Argo Blockchain earnings report?
The next expected earnings date for Argo Blockchain is 20 November 2024