Core Scientific (CORZZ) Expected to Announce Quarterly Earnings on Thursday

Core Scientific (NASDAQ:CORZZ – Get Free Report) is projected to release its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of ($0.0419) per share and revenue of $196.85 million for the quarter.

Core Scientific Stock Up 3.9%

Shares of Core Scientific stock opened at $14.83 on Thursday. The firm’s 50 day moving average price is $16.37 and its 200-day moving average price is $19.65. Core Scientific has a 52-week low of $12.39 and a 52-week high of $30.45.

Core Scientific Company Profile

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Core Scientific, Inc is a digital infrastructure company that develops and operates data centers supporting bitcoin mining and high-performance computing. Its operations include the deployment and management of specialized computing equipment, power infrastructure, cooling systems and related technology used to process blockchain transactions and provide large-scale computing capacity.

The company also provides hosting services to third-party bitcoin miners and is expanding its data center platform to support artificial intelligence and other high-performance computing applications.

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