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Benzinga
Benzinga
Business
Henry Khederian

Why Bitcoin- And Ethereum-Related Stock Sphere 3D Traded Higher Tuesday

Bitcoin Nasdaq

Sphere 3D Corp (NASDAQ:ANY) shares traded higher by 5.00% to $1.05 Tuesday. The company reported first-quarter earnings results during Monday's after-hours session.

Sphere 3D says first quarter 2022 revenue was $1.4 million, compared to $0.9 million for the first quarter of 2021. Sphere 3D added that operating costs and expenses for the quarter were $16.5 million, compared to $2.2 million for the first quarter of 2021.

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