Olga Kharif / Bloomberg:

Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains  —  Coinbase Global Inc. returned to profitability for the first time in a year while posting a quarterly decline in revenue …

Olga Kharif / Bloomberg:

Coinbase reports Q3 revenue down 35% YoY to $1.22B, in line with est., and net income up 66% to $719M, its first profit in a year, on unrealized crypto gains  —  Coinbase Global Inc. returned to profitability for the first time in a year while posting a quarterly decline in revenue …

Source: TechMeme
Source Link: https://www.techmeme.com/261029/p57#a261029p57