Quartz·1 min read·medium
Coinbase missed Wall Street's expectations for the third straight quarter — and the stock sank
✦AI Summary
Coinbase reported revenue of $1.2 billion for the quarter, falling short of Wall Street's $1.3 billion expectations. The miss is attributed to a broader downturn in the cryptocurrency market that has reduced trading volume.
Revenue fell to $1.2 billion, below Wall Street's $1.3 billion forecast, as a crypto market downturn weighed on trading activity
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