Coinbase Delivers On Earnings For Q1 But The Stock Is Falling Coinbase ( coin ), the largest cryptocurrency exchange in the u.s., missed analysts' expectations on the top and bottom line in its q1 2021 earnings report, its first ever as a public company. #coinbase #coinbaseearnings #cryptoyahoo finance's dan howley joined yahoo finance's adam shapiro and seana smith to break down coinbase's q1 earnings.watch.
Coinbase S Q1 Revenue Misses Estimate As Trading Volume Drops Shares An outstanding other revenue result: the diverse bucket of coinbase top line called “subscription and services revenue” totaled $361.7 million in the first quarter of the year, besting both q4. The company disclosed that it pulled in $1.17 billion in revenue—well short of the $2.5 billion it took in q4, and far below analysts' q1 predictions of $1.5 billion. meanwhile, coinbase posted a quarterly loss of $430 million. the scope of the loss—its first as a public company—was also unexpected as analysts had predicted earnings would. Coinbase reported q1 adjusted earnings of $4.40 per share, significantly beating street expectations as total revenues grew 112%. coinbase delivered a beat on both the top and bottom line. Shares of coinbase (coin) are down more than 5% today despite delivering a solid first quarter earnings performance yesterday. the crypto trading platform beat analyst estimates on both the top and bottom lines thanks to a bitcoin price surge during the middle of q1. revenue came in at $1.64 billion.
Coinbase Misses First Quarter Revenue Coin Shares Plummet Coinbase reported q1 adjusted earnings of $4.40 per share, significantly beating street expectations as total revenues grew 112%. coinbase delivered a beat on both the top and bottom line. Shares of coinbase (coin) are down more than 5% today despite delivering a solid first quarter earnings performance yesterday. the crypto trading platform beat analyst estimates on both the top and bottom lines thanks to a bitcoin price surge during the middle of q1. revenue came in at $1.64 billion. The top line surpassed the consensus mark by 1.4% and our estimate of $200.2 million. commission revenues rose 9.6% year over year to $182 million in the first quarter. information services. Coinbase global, inc. (nasdaq: coin) q1 2024 earnings conference call may 2, 2024 5:30 pm et. company participants. anil gupta vp of ir. brian armstrong co founder and ceo. alesia haas cfo.
Coinbase Big Caution Into Q1 Earnings Coin Seeking Alpha The top line surpassed the consensus mark by 1.4% and our estimate of $200.2 million. commission revenues rose 9.6% year over year to $182 million in the first quarter. information services. Coinbase global, inc. (nasdaq: coin) q1 2024 earnings conference call may 2, 2024 5:30 pm et. company participants. anil gupta vp of ir. brian armstrong co founder and ceo. alesia haas cfo.
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