Coin Edition
2023-05-05 14:50:00

Coinbase Stock Rises 8% After Company Beats Q1 Revenue Estimates

American crypto giant Coinbase delivered a rather optimistic financial update earlier today during its earnings call for the first quarter of 2023. The crypto exchange beat its revenue estimates by 18% while bringing down its year-over-year net loss by a whopping 81%. Furthermore, the firm reported a positive adjusted EBITDA for Q1’23. According to the The post Coinbase Stock Rises 8% After Company Beats Q1 Revenue Estimates appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.