Coinbase Q4 Revenue and Earnings Beat Expectations, but Transaction Volume Falls 12% From Q3
The crypto exchange reported its fourth-quarter earnings on Tuesday after the close.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/PIKDLOMZABGYVALECPOQZUUBRY.jpg)
Sponsored
Feb 21, 2023 at 9:22 p.m. UTC
Feb 21, 2023
earnings reports
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HVCKE7WRYZBYHC767PT5LCTKNA.jpg)
Coinbase Investors Prepare for Another Likely Disappointing Quarter
The crypto exchange is expected to report a slight drop in quarterly revenue from the third quarter, and a 61% drop in revenue in 2022 from the previous year.
Sponsored
Feb 17, 2023 at 6:00 p.m. UTC
Feb 17, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7MEMHON7QZFFBDNDW7ZS6KUYFY.jpg)
Robinhood’s Crypto Revenue Declined 24% to $39M in Q4
The online trading broker overall missed both earnings and revenues estimates for the quarter.
Sponsored
Feb 8, 2023 at 9:40 p.m. UTC
Feb 8, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/QMDJWB3ERJCNHKHT5UJYJLRLI4.jpg)
MicroStrategy Books Impairment Charge of $197.6M on Q4 Bitcoin Holdings
The business software company reported its fourth-quarter results on Thursday afternoon.
Sponsored
Feb 2, 2023 at 9:06 p.m. UTC
Feb 2, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/6QXQSSGDKBE4VI57L6XXLC47OM.jpg)
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.
Sponsored
Feb 1, 2023 at 9:22 p.m. UTC
Feb 1, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HKOTSVQQWFGZJPAEFIEGHCTGF4.jpg)
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
The crypto exchange’s transaction revenue fell 44% from the second quarter.
Sponsored
Nov 3, 2022 at 8:29 p.m. UTC
Nov 3, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/WM5B5VSJRVHLDCZIVVA2ZOFXPY.jpg)
Robinhood’s Crypto Revenue Declined 12% to $51 Million in Q3
The popular no-fee trading app’s monthly average users fell to 12.1 million as customers navigated a “volatile market environment.”
Sponsored
Nov 2, 2022 at 8:24 p.m. UTC
Nov 2, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XFPDCV2CJNCQPIL6CJP5KSIU74.jpg)
Coinbase’s Interest Income May Be Bright Spot Amid Challenging Third Quarter
Trading volumes likely remained soft again, but analysts are on the lookout for how much interest income Coinbase can earn, particularly from stablecoins.
Sponsored
Nov 2, 2022 at 12:30 p.m. UTC
Nov 2, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AOQZK4UAYJHDBBN5P2C3T33R3Q.jpg)
MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3
The business software firm owns about 130,000 bitcoins worth approximately $2.7 billion on its balance sheet.
Sponsored
Nov 1, 2022 at 8:16 p.m. UTC
Nov 1, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RDR4ATFYJNGM7F3CRCCQ7DZJNM.jpg)
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
Meta's revenue for the division came in at $285 million, down from $452 million in the second quarter.
Sponsored
Oct 26, 2022 at 8:21 p.m. UTC
Oct 26, 2022