BUSINESSQUARTZ
Coinbase missed Wall Street's expectations for the third straight quarter — and the stock sank
Coinbase's revenue fell to $1.2 billion, missing Wall Street's $1.3 billion forecast for the third consecutive quarter due to a crypto market downturn. The company's stock price declined following the earnings report.
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Adjacent reporting
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- Coinbase shares fall after crypto exchange posts disappointing second-quarter results
- Coinbase Posts Loss as Revenue Drops for Third Straight Quarter
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- Coinbase stock declines 5% after missing Q1 estimates on crypto slowdown
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