Core Scientific, Inc. (CORZ) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced a loss of $0.01, delivering a surprise of 90%.Over the last four quarters, the company has s ...

Core Scientific (CORZ) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Company Participants Jon Charbonneau - VP - Investor RelationsAdam Sullivan - CEO & PresidentMatt Brown - COOJim Nygaard - CFOBrett Knoblauch - Managing DirectorWill Johnston - VP - Equity ResearchBill Papanastasiou - Director - Equity Research Conference Call Participants Joe Flynn - Senior Research AnalystDarren Aftahi - Senior Research Analyst-Internet, Media and Enabling TechnologiesNick Giles - Senior Research AnalystJohn Todaro - Se ...

Core Scientific (CORZ) Q1 2025 Earnings Call May 07, 2025 04:30 PM ET Speaker0 Good day, ladies and gentlemen, and welcome to Core Scientific First Quarter Fiscal Year twenty twenty five Earnings Conference Call. All lines have been placed on a listen only mode and the floor will be open for questions and comments following the presentation. At this time, it is my pleasure to turn the floor over to your host, John Charbonneau, Vice President of Investor Relations. Sir, the floor is yours. Speaker1 Good afte ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-40046 Core Scientific, Inc. (Exact name of registrant as specified in its charter) Delaware 86-1243837 (State ...

First Quarter 2025 Earnings Presentation Adam Sullivan, CEO Jim Nygaard, CFO May 7, 2025 Matt Brown, COO FORWARD-LOOKING STATEMENTS This presentation also contains non-GAAP financial measures as defined by the SEC rules, including Adjusted EBITDA and adjusted earnings (loss) per diluted share. The Company believes that these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company's financial conditi ...

Exhibit 99.1 Core Scientific Announces Fiscal First Quarter 2025 Results First Quarter 2025 Highlights AUSTIN, Texas, May 7, 2025 - Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced financial results for the fiscal first quarter of 2025. Net income was $580.7 million, as compared to $210.7 million for the same period in 2024. Total revenue was $79.5 million, as compared to $179.3 million for the same period ...

Group 1: Core Scientific, Inc. (CORZ) - Core Scientific's shares increased by 5.3% to close at $8.42, following a period of 16.6% loss over the past four weeks, indicating a strong trading volume [1] - The company is benefiting from securing long-term high-performance computing (HPC) contracts, expanding infrastructure capacity, and diversifying its customer base, positioning it for strong growth and higher profit margins in the future [1] - The consensus EPS estimate for the upcoming quarter is a loss of $0.10 per share, reflecting a year-over-year change of -152.6%, with expected revenues of $99.39 million, down 44.6% from the previous year [2] Group 2: Industry Insights - Core Scientific is part of the Zacks Financial - Miscellaneous Services industry, which includes WisdomTree, Inc. (WT), whose shares increased by 0.3% to $9.13, with a 5.1% return over the past month [3] - WisdomTree's consensus EPS estimate for the upcoming report is $0.16, representing a year-over-year change of +33.3%, with the estimate remaining unchanged over the past month [4]

Core Insights - Chain Reaction has launched the 3nm EL3CTRUM A31 ASIC, targeting sub-10 J/TH for high-efficiency Bitcoin mining operations, setting a new benchmark for modularity and customizability [1][2] - The company is also developing 2nm ASIC technology to enhance performance and energy efficiency for future Bitcoin mining [2][3] Product Features - The EL3CTRUM A31 ASIC architecture allows data center operators to optimize their infrastructure, reduce energy costs, and maintain profitability in changing mining conditions [2] - Key innovations include best-in-class efficiency, customer-centric optimization tailored to regional power strategies, and modular scalability for customized solutions [8] Strategic Partnerships - Chain Reaction emphasizes customer partnerships to ensure continuous product advancement and supply chain reliability, collaborating with industry leaders [4][5] - The company is expanding its collaboration with Core Scientific, focusing on ASIC innovation and privacy-enhanced 3PU™ technology for encrypted AI computing [5][6] Industry Positioning - Chain Reaction is positioned as a leader in high-performance computing through specialized ASIC solutions, with a commitment to advancing mining efficiency and scalability [7] - The company leverages advanced semiconductor technologies, ensuring early access to innovations below 2nm [9]

Core Scientific's (NASDAQ: CORZ ) transformation from a struggling bitcoin miner to a key AI-Infrastructure marks one of the most significant strategic pivots in the industry. By leveraging its existing power capacity and data centerWe are a group of experienced investors that like to dig deeper into stocks to find growth stories at a reasonable price with strong economic moats. We also aim to conduct high-quality analysis by deep diving into valuations, key business drivers, risk/reward, and different futu ...

Core Insights - The article discusses the investment position of the analyst in CORZ shares, indicating a beneficial long position through various means such as stock ownership and derivatives [1]. Group 1 - The analyst expresses personal opinions regarding the investment without receiving compensation from any company mentioned [1]. - There is an emphasis on the independence of the analyst's views, which may not reflect the overall stance of Seeking Alpha [2]. - The article clarifies that Seeking Alpha does not provide licensed investment advice or recommendations [2].