Coinbase, one of the world’s largest cryptocurrency exchanges, announced its Q2 earnings report on Wednesday. Much to the surprise of investors, Coinbase reported a record $1.8 billion in revenue for the quarter, $800 million more than analyst estimates of $1 billion. The report indicates that Coinbase was able to generate more selling volume than expected.… Continue reading Coinbase Q2 earnings exceed estimates, signaling potential market recovery
Tag: earnings
It’s always earnings season if you look hard enough
With the ever-growing impact of the stock market on daily life, “earnings season” has become a topic of frequent discussion. But what is it? Earnings season, the period of time when publicly traded companies report their quarterly financial results, typically occurs around the end of February, May, August, and November and is a critical part… Continue reading It’s always earnings season if you look hard enough
Twitter revenue, earnings reportedly fell 40% shortly after Musk buyout
The news of Twitter’s latest financials has been making the rounds lately. According to reports, the tech giant’s revenue and earnings fell approximately 40% shortly after its one of the largest shareholders, Elon Musk, opted to buy out the remaining shares in the company. This took place in the first quarter of 2021 and the… Continue reading Twitter revenue, earnings reportedly fell 40% shortly after Musk buyout