Q3 2024 Digital Colocation Business Revenue increased 222% Y/YQ3 2024 Energy Management Business Revenue increased 33% Y/YQ3 2024 Total Revenue increased 50% YTD (9 months) in 2024 MIDLAND, Pa., Nov.14, 2024 (GLOBE NEWSWIRE) -- Mawson Infrastructure Group Inc.(NASDAQ: MIGI) ("Mawson”, "the Company”), a publicly-traded technology company that offers digital infrastructure platforms for artificial intelligence (AI), high-performance computing (HPC), and digital assets, today announced its unaudited financial and operational results for the third quarter of fiscal year 2024 ended September 30, 2024.
Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility of Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of digital assets and cryptocurrencies, further or new regulation of digital assets, the evolution of AI and HPC market and changing technologies, the slower than expected growth in demand for AI, HPC and other accelerated computing technologies than expected, the ability to timely implement and execute on AI and HPC digital infrastructure, and the ability to timely complete the digital infrastructure build-out in order to achieve its revenue expectations for the periods mentioned.
Roth 13th Annual Technology Conference - November 19-20, 2024 in New York CityNorthland Capital Markets Growth Conference - December 12, 2024Axios Artificial Intelligence (AI) Summit – December 17, 2024 in San FranciscoPacific Telecommunications Council - January 20-22, 2025 in HonoluluArtificial Intelligence (AI) Everything 2025 - February 5-6, 2025 in Dubai About Mawson Infrastructure Mawson Infrastructure Group (NASDAQ: MIGI) is a technology company that offers digital infrastructure platforms for AI, HPC, and digital assets.
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Author / Journalist: Mawson Infrastructure Group Inc.
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