Thursday, November 21, 2024
Home > Exchanges > Coinbase (COIN) Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume

Coinbase (COIN) Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume

The crypto exchange said its second quarter total revenue was $1.45 billion versus average estimate of about $1.4 billion, according to FactSet. However, the second quarter adjusted Ebitda of $596 million came in lower than the consensus of $607.7 million.

Source