Greenidge Generation (GREE) Announces Selected Preliminary Operating Results for Third Quarter
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Greenidge Generation Announces Selected Preliminary Operating Results for Third Quarter 2021
October 4, 2021 8:00 AM EDTDRESDEN, N.Y., Oct. 4, 2021 /PRNewswire/ --Â Greenidge Generation Holdings Inc. (NASDAQ: GREE) ("Greenidge") today announced selected preliminary financial and operating results for the three months ended September 30, 2021.
For the three months ended September 30, 2021, Greenidge expects to report revenues in a range of $33 million to $37 million, net loss in a range of $(19) million to $(16) million, and Adjusted EBITDA in a range of $18 million to $22 million. The expected net loss is driven by approximately $30 million of charges associated with the merger with Support.com, Inc. ("Support.com") (including approximately $27 million of... More
