TeraWulf Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 42.43 million compared to USD 11.53 million a year ago. Net loss was USD 9.61 million compared to USD 26.26 million a year ago.

Basic loss per share from continuing operations was USD 0.03 compared to USD 0.16 a year ago. Basic loss per share was USD 0.03 compared to USD 0.16 a year ago.