Athena Bitcoin Global Reports Second Quarter 2024 Financial Results

Athena Bitcoin Global has announced its unaudited financial results for the fiscal second quarter ending June 30, 2024. Revenue surged by 128% to $70.9 million, compared to $31.1 million during the same period in 2023. The company's gross profit also saw significant growth, rising 117% to $10.1 million, up from $4.6 million in the second quarter of the previous year.

Operating expenses for the quarter were reported at $3.1 million, compared to $1.3 million in the same quarter of 2023. Despite the rise in operating costs, net income improved, reaching $3.9 million, compared to $2.2 million in the second quarter of 2023.