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Coinbase, Profit Jumps

Reuters on MSN · 4d

Coinbase shares sink after trading weakness hits quarterly profit

Coinbase shares slumped 15% and hit their lowest in more than a month on Friday, after the crypto exchange reported a drop in second-quarter adjusted profit due to a slowdown in trading.

The Economic Times on MSN · 4d

Coinbase shatters earnings estimates, quarterly profit rises from $36.13 to $1.43 billion

Coinbase transaction revenue fell 2 per cent to $764.3 million. However, revenue from the company's subscription and services unit — which includes businesses outside of trading — rose 9.5 per cent to $655.

The Wall Street Journal on MSN · 4d

Coinbase’s Profit Jumps on Crypto Investment Gains

The largest U.S. crypto exchange’s revenue fell short of Wall Street expectations.

Coinbase Global (COIN) Stock Slides 8% After-Hours Despite Record $1.5B Net Income and Stablecoin Surge

Coinbase stock tumbled 8.66% after hours despite record Q2 profit, as trading revenue and subscriptions missed forecasts amid ...

1d

Compass Point downgrades Coinbase on valuation, weak earnings outlook

Investing.com -- Compass Point downgraded Coinbase (NASDAQ: COIN) to Sell from Neutral and cut its price target to $248 from ...

4d

1COIN : Coinbase Tanks 9% After Hours As Q2 Report Misses Mark Despite $1.4 Billion...

After Coinbase Global released second-quarter financial results, its stock plummeted 9.23% during after hours trading.

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