Coinbase Shares Fall After Q3 2024 Results Fail to Meet Analysts’ Estimates for Revenue and EPS

On Wednesday, Coinbase Global Inc. (NASDAQ: COIN) released its Q3 2024 financial results, revealing a challenging quarter marked by missed revenue and earnings expectations. The cryptocurrency exchange reported a total revenue of $1.2 billion, slightly below the $1.26 billion forecasted by Wall Street analysts, according to an LSEG survey. Earnings per share (EPS) reached 30

Source: CryptoGlobe