KULR Technology (KULR) falls 10.77% after hours following Q2 2026 earnings miss and loss
ByAinvest Wire
Thursday, Aug 13, 2026 4:40 pm ET1min read
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KULR Technology (KULR) shares fell 10.77% in after-hours trading after the company reported Q2 2026 earnings showing a net loss of $21.97 million and a 43% year-over-year revenue decline to $2.08 million. The results included a $10.59 million non-cash fair value loss on Bitcoin holdings and a negative gross margin of 31%, alongside management's announcement to exit Bitcoin mining.
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