URL has been copied successfully!
TeraWulf Inc (NASDAQ:WULF) shares are trading lower in Tuesday’s after-hours session after the company reported preliminary results and announced a common stock offering.
- TeraWulf stock is at critical resistance. What’s behind WULF new highs?
TeraWulf Reports Preliminary Q1 Results
After the market close on Tuesday, TeraWulf said it expects first-quarter revenue to be between $30 million and $35 million versus $34.41 million in the first quarter of 2025. The company also said it expects adjusted EBITDA to be between breakeven and $3 million in the first quarter.
“Our preliminary results reflect a business that has effectively transitioned to long-term, credit-enhanced revenues,” said Patrick Fleury, CFO of TeraWulf. …
Please follow us:
