CORZ - Earnings announcements

Recent Developments Strengthened the capital structure through today's closing of a $3.3 billion offering of 7.75% senior secured notes due 2031, supporting strategic data center development projects. Expanded the Company's total gross power capacity pipeline to 4.5 GW, including planned 1.5 GW expansions at each of the Company's Muskogee, Oklahoma and Pecos, Texas campuses. Closed on the acquisition of land and power in Hunt County, Texas for approximately $233 million, which is expected to support ~430 MW of gross power capacity, with an approved ERCOT interconnection ramp schedule. Billing for 243 MW of capacity, representing approximately $350 million in average annualize

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or the "Company"), a leader in digital infrastructure for high-density colocation ("HDC"), today announced it will release its first quarter 2026 financial results after the financial markets close on Wednesday, May 6, 2026. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the first quarter 2026 will be Adam Sullivan, Chief Executive Officer, Matt Brown, Chief Operating Officer, Jim Nygaard, Chief Financial Officer, and Jon Charbonneau, Vice President, Investor Relations. Conference Call and Webcast Event Summary Date:

Key Highlights New Top-market Site: Announced an agreement to expand into Hunt County, Texas, which is expected to support ~430 MW of gross power capacity, with an approved ERCOT interconnection ramp schedule. Power Expansion at Existing Locations: Increased gross power capacity by ~300 MW across Dalton, Georgia and Pecos, Texas. Continued Execution on CoreWeave Contract: To date, energized ~350 MW of power and remain on track to deliver ~590 MW by early 2027. Core Scientific, Inc. (NASDAQ:CORZ), a leader in digital infrastructure for high-density colocation services, today announced financial results for the fourth quarter of 2025. "We're now past the halfway point on our e

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or the "Company"), a leader in digital infrastructure for high-density colocation, today announced it will release its fourth quarter and fiscal year 2025 financial results after the financial markets close on Monday, March 2, 2026. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the fourth quarter and fiscal year 2025 will be Adam Sullivan, Chief Executive Officer, Matt Brown, Chief Operating Officer, Jim Nygaard, Chief Financial Officer, and Jon Charbonneau, Vice President, Investor Relations. Conference Call and Webc

Core Scientific, Inc. (NASDAQ:CORZ) ( "Core Scientific" or the "Company"), a leader in digital infrastructure for high-density colocation services and digital asset mining, will host a conference call and live audio webcast with investors today at 11:30 A.M. Eastern Time. Hosting the call and webcast will be Adam Sullivan, Chief Executive Officer, Matt Brown, Chief Operating Officer, Jim Nygaard, Chief Financial Officer, and Jon Charbonneau, Vice President, Investor Relations. Conference Call and Webcast Event Summary Date: October 30, 2025 Time: 11:30 AM EST Investors with Internet access may access the presentation and listen to the live audio webcast directly by clicking here o

Core Scientific, Inc. (NASDAQ:CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced financial results for the fiscal third quarter of 2025. Fiscal Third Quarter 2025 Financial Results Total revenue was $81.1 million compared to $95.4 million in the third quarter of 2024. Digital asset self-mining revenue was $57.4 million, down from $68.1 million in the prior-year period. The decline was primarily driven by a 55% decrease in bitcoin mined, partially offset by a 88% increase in the average bitcoin price. Digital asset hosted mining revenue was $8.7 million, down from $16.9 million in the same period a year ago. The

Core Scientific, Inc. (NASDAQ:CORZ), a leader in digital infrastructure for high-density colocation services and digital asset mining, today announced financial results for the fiscal second quarter of 2025. Fiscal Second Quarter 2025 Financial Results Total revenue was $78.6 million compared to $141.1 million in the second quarter of 2024. Digital asset self-mining revenue was $62.4 million, down from $110.7 million in the prior-year period. The decline was primarily driven by a 62% decrease in bitcoin mined, partially offset by a 50% increase in the average bitcoin price. Digital asset hosted mining revenue was $5.6 million, down from $24.8 million in the same period a year ago.

Core Scientific, Inc. (NASDAQ:CORZ), a leader in digital infrastructure for high-density colocation services and bitcoin mining, today announced it will release its second quarter fiscal year 2025 financial results after financial markets close on Friday, August 8, 2025. Due to the pending transaction with CoreWeave, Inc., which was previously announced on July 7, 2025, the Company will not be hosting a conference call or webcast to discuss its second quarter fiscal year 2025 results. About Core Scientific, Inc. Core Scientific, Inc. ("Core Scientific" or the "Company") is a leader in digital infrastructure for high-density colocation services and digital asset mining. We operate dedi

Verticalizes Data Center Ownership to Help Future-Proof Revenue Growth and Enhance Core Profitability CoreWeave (NASDAQ:CRWV), the AI Hyperscaler™, and Core Scientific (NASDAQ:CORZ), a leading data center infrastructure provider, today announced that they have signed a definitive agreement under which CoreWeave will acquire Core Scientific in an all-stock transaction. Under the terms of the merger agreement, Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share of Core Scientific common stock based on a fixed exchange ratio. Following CoreWeave's successful IPO in March 2025, this acquisition will help CoreWeave verticalize i

First Quarter 2025 Highlights On track to deliver 250MW of billable capacity to CoreWeave by the end of this year and anticipate entering 2026 with annualized colocation revenue of approximately $360 million. First tranche of 8MW of billable capacity at Denton to be delivered to CoreWeave by the end of this month and an additional approximately 40MW by the end of this quarter. Ended the quarter with a strong liquidity position, including $778.6 million in cash and cash equivalents and digital assets, maintaining financial flexibility to execute on strategic organic and inorganic growth opportunities. Core Scientific, Inc. (NASDAQ:CORZ), a leader in digital infrastructure for high-de

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for high-performance computing and bitcoin mining, today announced it will issue financial results for the Company's fiscal year 2025 first quarter after financial markets close on Wednesday, May 7, 2025. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the first quarter 2025 will be Adam Sullivan, Chief Executive Officer, Jim Nygaard, Chief Financial Officer, and Jon Charbonneau, Vice President, Investor Relations. Conference Call and Webcast Event Summary Date: May 7

Fourth Quarter 2024 Highlights Incurred net loss of $265.5 million due primarily to a $224.7 million non-cash mark-to-market adjustment to warrants and other contingent value right liabilities required by the significant year-over-year increase in our share price Reported operating loss of $39.8 million, a decrease of $43.7 million over fourth quarter 2023 Generated adjusted EBITDA of $13.3 million, a decrease of $43.4 million over fourth quarter 2023 Secured $625 million through a convertible note offering with favorable 0% interest terms Strengthened the balance sheet, ending the quarter with cash and cash equivalents of $836.2 million as of December 31, 2024 Earned 974

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for high-performance computing and bitcoin mining, today announced it will issue financial results for the Company's fiscal year 2024 fourth quarter after financial markets close on Wednesday, February 26, 2025. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the fourth quarter 2024 will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Jon Charbonneau, Vice President, Investor Relations. Conference Call and Webcast Event Summary

Fiscal Third Quarter 2024 Highlights Incurred net loss of $455.3 million due primarily to a net $408.5 million non-cash mark-to-market adjustment to our warrants and other contingent value right liabilities required as a result of significant quarter-over-quarter increase in the value of our equity Generated operating loss of $41.2 million, an increase of $29.2 million over third quarter 2023 Realized adjusted EBITDA of $10.1 million Customer initiated option exercises resulted in an additional 112 MW during the third quarter and the remaining 120 MW in the fourth quarter for a total of approximately 500 megawatts of critical IT load to host high-performance computing ("HPC"), repre

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced it will issue financial results for the Company's fiscal year 2024 third quarter after financial markets close on Wednesday, November 6, 2024. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the third quarter 2024 will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Steven A. Gitlin, Senior Vice President, Investor Relations. Conference Call and Webcast Event Sum

Fiscal Second Quarter 2024 Highlights Incurred net loss of $804.9 million due primarily to a net $796.0 million non-cash mark-to-market adjustment to our warrants and other contingent value right liabilities required as a result of significant quarter-over-quarter increase in the value of our equity Generated operating income of $6.6 million, a decrease of $2.9 million over second quarter 2023 Produced adjusted EBITDA of $46.0 million Contracted 382 megawatts of infrastructure to host high-performance computing ("HPC"), including latest contract option exercise, for total potential revenue of approximately $6.7 billion over 12 years Achieved mandatory conversion of convertibl

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in digital infrastructure for bitcoin mining and high-performance computing, today announced it will issue financial results for the Company's fiscal year 2024 second quarter after financial markets close on Wednesday, August 7, 2024. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the Company's fiscal 2024 second quarter will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Steven A. Gitlin, Senior Vice President, Investor Relations. Conference Call an

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced it will webcast live its Investor and Analyst presentation on June 12, 2024. The presentation is scheduled to begin at approximately 11:15 am CT and end by approximately 1:15 pm CT, and will feature Chief Executive Officer Adam Sullivan, Chief Financial Officer Denise Sterling, Executive Vice President of Data Center Operations Matt Brown and other members of the management team. Listeners may access the webcast and slide presentation by clicking here or may listen

Fiscal First Quarter 2024 Highlights Generated net income of $210.7 million, including a gain on extinguishment of prior obligations of $143.8 million Produced adjusted EBITDA of $88.0 million Strengthened the balance sheet, ending the quarter with $98.1 million in cash and cash equivalents Earned 2,825 self-mined bitcoin, more than any other publicly listed miner in North America Operated total hash rate of 25.5 EH/s, consisting of 19.3 EH/s self-mining and 6.2 EH/s hosting Owned and managed approximately 745 megawatts of infrastructure, the largest owned infrastructure footprint among publicly listed miners in North America Improved average actual self-mining fleet en

Earned 803 self-mined bitcoin for a total of 3,628 bitcoin year-to-date, and our customers earned an estimated 265 bitcoin at our data centers in April Completed deployment of 2.5 EH/s of S21 miners from previously announced order Operated approximately 224,000 owned and hosted bitcoin miners for a total energized hash rate of 26.7 exahash as of April 30, 2024 Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in bitcoin mining, specializing in application-specific digital infrastructure for emerging high-value compute, today released unaudited production and operations updates for April 2024. This press release features multimedia. View the full r

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in bitcoin mining and application-specific digital infrastructure for emerging high-value compute, today announced it will issue financial results for the Company's first quarter fiscal year 2024 after financial markets close on Wednesday, May 8, 2024. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the first quarter 2024 will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Steven A. Gitlin, Senior Vice President, Investor Relations. Conference Call an

Fiscal Year 2023 Highlights A total of 19,274 bitcoin earned in our data centers; 13,762 bitcoin by self-mining for our account, more than any other publicly listed miner in North America, and an estimated 5,512 for our hosting clients' accounts Operated total hash rate of 23.2 EH/s, consisting of 16.9 EH/s self-mining and 6.3 EH/s hosting Owned and managed 724 megawatts of infrastructure, the largest owned infrastructure footprint among publicly listed miners in North America Improved average self-mining fleet energy efficiency to 27.94 joules per terahash Developed organic growth plan for more than 20 EH/s of new self-mining hash rate Core Scientific, Inc. (NASDAQ:CORZ),

Record Quarterly Net Investment Income of $25.1 Million in Q4 Record Annual Net Investment Income of $89.9 Million in 2023 Return on Average Equity Hits 16.9% in Q4 PHOENIX, March 6, 2024 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ:TRIN) ("Trinity" or the "Company"), a leading provider of diversified financial solutions to growth-stage companies, today announced its financial results for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Highlights Record total investment income of $47.8 million, an increase of 15.2% year-over-yearRecord net investment

Core Scientific, Inc. (NASDAQ:CORZ, CORZW, CORZZ))) ("Core Scientific" or "the Company"), a leader in bitcoin mining and digital infrastructure for emerging high-value compute, today announced it will issue financial results for the Company's full fiscal year ended December 31, 2023 after financial markets close on Tuesday, March 12, 2024. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time. Hosting the call and webcast to review results for the full fiscal year will be Adam Sullivan, Chief Executive Officer, Denise Sterling, Chief Financial Officer, and Steven A. Gitlin, Senior Vice President, Investor Relations. Conference Cal

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance blockchain data centers and software solutions, today announced it will issue financial results for the Company's second quarter after the market closes on Thursday, August 11, 2022. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time that day. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220728005204/en/Core Scientific's Marble, NC Data Center (Graphic: Business Wire) Hosting the call to review results for the second quarter will be Mike Levitt, Co-Chairman and Chief

Signed agreement to host 75MW of additional ASIC servers Prepayments will provide capital to fund required infrastructure Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance blockchain data centers and software solutions, today announced that it has entered into a colocation agreement to increase its hosting business by 75MW. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220726005505/en/Core Scientific is one of the largest publicly traded blockchain data center providers and miners of digital assets in North America. (Graphic: Business Wire) The recently signed colocation

Operating over 180,000 owned and colocated ASIC servers Produced 1,106 self-mined bitcoins Daily self-mining increased by 14% from June 1 (34.8) to June 30 (39.8) Second quarter earnings release and conference call scheduled for August 11, 2022 Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance blockchain data centers and software solutions, today announced production and operational updates for June 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220705005347/en/Core Scientific's Calvert City, KY Data Center (Photo: Business Wire) "Throughout June we continued to

Core Scientific, Inc. (NASDAQ:CORZ), a leader in high-performance blockchain data centers and software solutions, reported its financial results for the first quarter ended March 31, 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220512006011/en/Core Scientific's Marble, NC Data Center (Graphic: Business Wire) First Quarter 2022 Financial Highlights (Compared to First Quarter 2021) Total revenue increased by 255% to $192.5 million Gross profit increased by 382% to $70.0 million Net loss of $466.2 million, driven by a noncash mark-to-market adjustment on convertible notes of $386.0 million and an impairment on digital

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it will issue financial results for the Company's first fiscal quarter after the market closes on Thursday, May 12, 2022. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time that day. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220428006250/en/Core Scientific Schedules First Quarter Fiscal Year 2022 Earnings Release and Conference Call (Graphic: Business Wire) Hosting the call to rev

Self-Mined 1,143 Bitcoins in March Now Holds 8,497 Bitcoins Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced production and operations updates for March 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220405005567/en/Core Scientific's Marble, NC Data Center (Photo: Business Wire) "In March we self-mined 1,143 bitcoins, not only representing our largest monthly bitcoin production to date, but also the largest monthly production by any U.S.-based, publicly traded bitcoin mining compan

Core Scientific, Inc. (NASDAQ:CORZ), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, reported its consolidated financial results for the fiscal year ended December 31, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220329005911/en/ Fiscal Year 2021 Financial Highlights (Compared to Fiscal Year 2020) Total revenue increased by 803% to $544.5 million Gross profit increased by 2,443% to $238.9 million Net Income increased to $47.3 million Adjusted EBITDA1 increased by 3,849% to $238.9 million Self-mining operations increased BTC production 350% to 5,769 BTC2 5,296

Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced it will issue financial results for the Company's full fiscal year ended December 31, 2021 after the market closes on Tuesday, March 29, 2022. Management will host a conference call and live audio webcast to discuss the results at 3:30 p.m. Central Time that day. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220325005446/en/ Hosting the call to review results for the full fiscal year will be Mike Levitt, Co-Chairman and Chief Executive Officer

Preliminary 2021 revenue of $515 million to $545 million, net income of $50 million to $60 million and adjusted EBITDA of $225 million to $235 million Expects total operating hashrate of 31 EH/s to 40-42 EH/s, and operating capacity from 1.0 GW to 1.2-1.3 GW in 2022 Produced 981 bitcoins, increased self-mining hashrate to 8.2 EH/s and increased hosted hashrate to 7.7 EH/s in February 2022 Core Scientific, Inc. (NASDAQ:CORZ) ("Core Scientific" or "the Company"), a leader in high-performance, net carbon neutral blockchain infrastructure and software solutions, today announced preliminary financial results for the fiscal year ending December 31, 2021, initial fiscal year 2022 operating