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Here's What Key Metrics Tell Us About Bit Digital (BTBT) Q2 Earnings

For the quarter ended June 2026, Bit Digital, Inc. (BTBT) reported revenue of $32.11 million, up 25% over the same period last year. EPS came in at -$0.06, compared to -$0.03 in the year-ago quarter.

The reported revenue represents a surprise of +47.95% over the Zacks Consensus Estimate of $21.71 million. With the consensus EPS estimate being -$0.05, the EPS surprise was -20%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Bit Digital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Colocation services: $4.73 million versus the two-analyst average estimate of $4.81 million.
Revenue- Cloud services: $23.81 million versus $14.53 million estimated by two analysts on average.
Gross Profit- Colocation services: $3.01 million versus $3.33 million estimated by two analysts on average.
Gross Profit- Cloud services: $13.82 million compared to the $9.72 million average estimate based on two analysts.

View all Key Company Metrics for Bit Digital here>>>

Shares of Bit Digital have returned -7.6% over the past month versus the Zacks S&P 500 composite's +2.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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Bit Digital, Inc. (BTBT): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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