tl;dr
COINBASE Q1 EARNINGS SUMMARY Coinbase (NASDAQ:COIN) has reported its Q1 earnings, surpassing expectations in multiple key areas: Earnings per Share (EPS): Q1 GAAP EPS of $4.40 beats projections by $3.33. Revenue: The company generated $1.64 billion in revenue, marking a remarkable 112.3% year-over-y...
COINBASE Q1 EARNINGS SUMMARY Coinbase (NASDAQ:COIN) has reported its Q1 earnings, surpassing expectations in multiple key areas: Earnings per Share (EPS): Q1 GAAP EPS of $4.40 beats projections by $3.33. Revenue: The company generated $1.64 billion in revenue, marking a remarkable 112.3% year-over-year increase and surpassing expectations by $300 million. Subscription and Services Revenue: Q1 subscription and services revenue reached $511 million, reflecting a 36% increase quarter-over-quarter. This growth was attributed to higher crypto asset prices, increased USDC market capitalization, and inflows into both custody and staking services.
More about Coinbase Global Inc
Coinbase Global Inc Summary
Company: Coinbase Global, Inc.
Business: Provides financial infrastructure and technology for the crypto economy
Headquarters: Wilmington, Delaware
Industry: Finance, Finance Services
Market Cap: 499.05B
Stock Price: $549.53
Dividend: None
P/E Ratio: 0.37
EPS: 12.41
ROE: 0.0324
Volume: 2,926,556,000
52-Week High: $224.45
52-Week Low: $3.27
Beta: 0.494
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