Coinbase misses Q4 estimates as trading revenue falls below $1 billion
Coinbase (COIN) missed fourth-quarter profit forecasts on Thursday, thanks to weaker trading activity and falling crypto asset prices. The US-based crypto exchange recorded total revenue of $1.78 billion, compared to an estimated $1.83 billion. Adjusted EPS of $0.66 was well below the consensus of $0.86. Total transaction revenue of $983 million was lower than forecasts […]
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