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Coinbase’s earnings report showed an earnings per share (EPS) of $4.68 for the three months to 31 December, with analysts having been expecting a profit of $1.81 per share, according to Reuters.
Coinbase cashed in for the final quarter of 2024.Shares of the crypto exchange fell slightly to $295.18 each in premarket trading on Friday, despite a better-than-expected earnings report the ...
(Reuters) -Crypto exchange Coinbase beat estimates for fourth-quarter profit on Thursday, driven by higher trading volumes in bitcoin and other digital tokens following the U.S. election.
The first issue was a straightforward earnings miss. Coinbase reported net income of $75.5 million, or $0.28 per share -- both healthy numbers, but they fell short of analysts' projections of $0.45.
Coinbase earnings out after the close on Tuesday showed the company's revenue decline was better than feared, though volume on the platform plunged and the regulatory environment remains a ...
Coinbase Global, Inc., ... Coinbase beat analysts' Q4 2024 earnings projections, and CEO Brian Armstrong claimed the US is "entering a golden age for crypto".
Traders, though, weren’t immediately impressed by Coinbase’s earnings. After markets opened on Friday, the crypto company’s stock slid about 4% to $276. Dolev, the analyst at Mizuho ...
Coinbase did it again on Thursday, announcing earnings results that far surpassed analyst expectations, which pushed its share price up nearly 9% to around $229—a far cry from when it traded for ...