Cryptocurrency Q&A How did Coinbase Global (Coin) perform in the quarter ended December 2023?

How did Coinbase Global (Coin) perform in the quarter ended December 2023?

CryptoKing CryptoKing Sat Dec 21 2024 | 5 answers 828
I would like to know about the performance of Coinbase Global, specifically Coin, in the quarter that ended in December 2023. Please provide details on its financial results during this period. How did Coinbase Global (Coin) perform in the quarter ended December 2023?

5 answers

AltcoinAdventurer AltcoinAdventurer Mon Dec 23 2024
Coinbase Global, Inc. (COIN) has released its financial results for the quarter that ended in December 2021.

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CryptoMagician CryptoMagician Mon Dec 23 2024
The company reported a total revenue of $953.8 million for the quarter. This figure marks a significant growth compared to the same period last year, with a year-over-year increase of 51.6%.

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Riccardo Riccardo Mon Dec 23 2024
The earnings per share (EPS) for the quarter stood at $1.04. This is a notable improvement from the -$2.46 EPS reported for the same quarter a year ago.

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KDramaLegendary KDramaLegendary Mon Dec 23 2024
The reported revenue of $953.8 million also exceeded the Zacks Consensus Estimate of $731.94 million. This suggests that Coinbase's performance was better than what analysts had anticipated.

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BlockchainLegendary BlockchainLegendary Sun Dec 22 2024
The positive surprise in revenue is substantial, with a difference of +30.31% compared to the consensus estimate. This indicates that Coinbase has outperformed market expectations in terms of financial performance.

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