Coinbase Q4 Earnings Beat Estimates by 23%, Revenue Soars 88% Q-over-Q
Coinbase exchange’s Q4 report showed earnings 23% higher than predicted. Its CEO said the company is making a 10-year growth plan. Coinbase’s (COIN) Q4 2024 earnings announcement greatly exceeded investor expectations. In Q4, the cryptocurrency company reported revenue of $2.3 billion, 23% more than anticipated. Coinbase’s trade volume also reached $439 billion, an 185% increase
Bradley Nelson3 min read
Coinbase exchange’s Q4 report showed earnings 23% higher than predicted. Its CEO said the company is making a 10-year growth plan.
Coinbase’s (COIN) Q4 2024 earnings announcement greatly exceeded investor expectations. In Q4, the cryptocurrency company reported revenue of $2.3 billion, 23% more than anticipated.
Coinbase’s trade volume also reached $439 billion, an 185% increase from the previous year. The stock of COIN increased 8.4% during Thursday’s trading session. The cryptocurrency exchange’s three-month adjusted earnings of $1.3 billion exceeded the $906.9 million projection.
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