HIVE Digital Technologies (HIVE) Restructuring Costs (2021 - 2023)

HIVE Digital Technologies (HIVE) has reported Restructuring Costs for 3 consecutive years, with -$3.2 million the latest figure, recorded in Q2 2023.

• On a quarterly basis, Restructuring Costs fell 257.84% year-over-year to -$3.2 million in Q2 2023; TTM through Jun 2023 was $7.3 million, a 6.25% decrease from a year earlier, with the FY2023 full-year figure at $3.4 million, up 94.81% from the prior year.
• Restructuring Costs was -$3.2 million for Q2 2023 at HIVE Digital Technologies, down from $3.4 million in the prior quarter.
• Over five years, Restructuring Costs peaked at $4.3 million in Q4 2022 and troughed at -$3.2 million in Q2 2023.
• A 3-year average of $1.4 million and a median of $1.9 million in 2022 frame the typical range for Restructuring Costs.
• Across the five-year window, Restructuring Costs soared 1216.25% in 2022 and tumbled 257.84% in 2023, its largest moves.
• Over 3 years, Restructuring Costs stood at $3.1 million in 2021, then jumped by 39.01% to $4.3 million in 2022, then slumped by 175.02% to -$3.2 million in 2023.
• The last three Restructuring Costs figures came in at -$3.2 million (Q2 2023), $3.4 million (Q1 2023), and $4.3 million (Q4 2022), per Business Quant data.