Soluna (SLNHP) Expected to Announce Earnings on Tuesday

Soluna (NASDAQ:SLNHP) is expected to be announcing its results after the market closes on Tuesday, April 7th. Analysts expect the company to announce earnings of ($0.20) per share and revenue of $10.60 million for the quarter.

Soluna Stock Performance

Shares of NASDAQ SLNHP opened at $8.31 on Tuesday. Soluna has a one year low of $1.76 and a one year high of $12.50. The company’s fifty day moving average is $9.09 and its two-hundred day moving average is $9.06.

About Soluna

Soluna Holdings, Inc is a renewable energy infrastructure and computing company focused on pairing underutilized clean power sources with high-performance computing applications. Through its proprietary modular data center technology, Soluna develops and operates facilities that can scale computing workloads for blockchain, machine learning, scientific research and other power-intensive tasks. The company’s platform is designed to balance grid stability by drawing on wind and solar resources during periods of surplus generation.

One of Soluna’s flagship initiatives is a development project near Tangier, Morocco, where the company has rights to construct and operate up to 250 megawatts of wind-powered generation capacity alongside its scalable data center modules.