Coinbase Q2 earnings highlights. A look at the key figures and what's next for the company.
Coinbase Q2 revenue missed at $1.22B (vs $1.32B), gaining market share to 10.3% all-time high while prediction markets doubled. For tech leaders, prediction markets emerge as a breakout vertical, opening opportunities in AI-driven risk and governance models.
Cryptocurrency platform company Coinbase Global (NASDAQ:COIN) reported second-quarter financial results Thursday after market close.
Here are the key highlights.
Coinbase Q2 Earnings Coinbase reported total revenue of $1.22 billion in the second quarter, down roughly 19% year-over-year.
The total missed a Street consensus estimate of $1.32 billion, according to data from Benzinga Pro.
The company reported a loss of 40 cents per share, missing a Street estimate of a loss of 11 cents per share.
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The company reported $1.22 billion in overall revenue, down from $1.5 billion in the year prior.
Coinbase said 88% of its net revenue now comes from sources other than bitcoin spot trading, as its share of global crypto volume…
Coinbase reported lower quarterly revenue and a net loss as crypto trading activity declined, while subscription and lending grew.
Coinbase shares slide as revenue and earnings miss despite record market share - SiliconANGLE
Coinbase's Thursday report marked its third straight quarter missing Wall Street's forecasts for revenue and earnings.
Coinbase shares inched up after the crypto exchange posted better-than-expected earnings and revenue for the third quarter.
