Cipher Mining Inc. (CIFR) Reports Q1 Loss, Misses Revenue Estimates

Cipher Mining Inc. (CIFR) came out with a quarterly loss of $0.11 per share in line with the Zacks Consensus Estimate. This compares to earnings of$0.13 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.10 per share when it actually produced earnings of$0.06, delivering a surprise of 160%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Cipher Mining, which belongs to the ...