Hyperscale Data is trading at $0.14, up 5.90%, after announcing preliminary third-quarter revenue of approximately $40 million, a 64% increase year over year.
- A year earlier, revenue was $24.3 million; stronger segment contributions partly offset lower Bitcoin mining revenue.
- Figures have not been audited or reviewed and remain subject to quarter-end closing procedures.
- Technology shares face inflation and interest-rate concerns; the revenue news is the clearest explanation for the gain.