Today news
About the same in other media
25.11 - 13:01
Coinbase Q3 Financial Data Lower Than Expected, Stock Falls
Reading now: 533
blockchain.newsCoinbase's (COIN) third-quarter financial data revealed that the total net income and the earnings per share owned by shareholders were lower than what analysts had expected. The share price of the American cryptocurrency exchange platform listed on Nasdaq dropped to 13% on November 10.
According to Coinbase, a San Francisco-based digital asset trading platform's third-quarter financial report, their transaction revenue was $1.235 billion, far lower than analysts’ expectations of $1.614 billion. The company’s earnings stood at $1.62 per share, excluding stock-based compensation benefits compared to $1.81 per share, which analysts had expected.
The result of the third quarter was significantly lower than the company's second quarter. In
Read more on blockchain.newsAbout this in other media
Jamie Dimon jokes JPMorgan will ‘last longer’ than China’s ruling party but cautions over Taiwan intervention fnlondon.com /2 years ago
'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev cointelegraph.com /2 years ago
Silver Linings Abound as Constitution DAO Falls Short in USD 47M Sotheby’s Bid cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
