Coinbase beats estimates with $2.5B net revenue in Q4 2021
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Major US cryptocurrency exchange Coinbase has beaten analysts’ estimates after recording a $2.5 billion net revenue in the fourth quarter of 2021, financial reports revealed Thursday. The exchange…
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Despite a recent hike in its stock price, Coinbase is allegedly scheduled to underperform in 2023 according to a new report issued by Bank of America. The financial conglomerate says the company’s stock – which is presently trading for about $50 a pop – could fall as low as $35…
Coinbase missed on analysts’ estimates for first quarter revenue The exchange said that broader market conditions are to blame, but it is not afraid of a bear market Cryptocurrency exchange Coinbase... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go…
Coinbase (COIN) shares experienced a decline on Thursday after the cryptocurrency exchange reported second-quarter revenue that fell short of analysts’ expectations, according to CNBC. Weaker Trading Volumes Impact Coinbase For the period ending June 30, Coinbase reported a net income of $1.43 billion, or $5.14 per share, a significant rise…