Coinbase Global Inc - Ordinary Shares - Class A

NASDAQ:COIN  
66.25
-1.17 (-1.74%)
5:16:17 PM EDT: $66.10 -0.15 (-0.23%)
Earnings Announcements

Coinbase Global Reports Qtrly Net Revenue Of $1.17 Billion

Published: 05/10/2022 21:54 GMT
Coinbase Global Inc - Ordinary Shares - Class A (COIN) - Qtrly Net Revenue $1.17 Billion Versus About $1.60 Billion.
Qtrly Loss per Share $1.98.
Qtrly Trading Volume $309 Billion Versus $335 Billion.
Mtus in Q1 Were 9.2 Million, a Decrease of 2.2 Million Or 19% Compared to Q4.
First Quarter of 2022 Continued a Trend of Both Lower Crypto Asset Prices and Volatility That Began in Late 2021.
Coinbase Global - at End of Q1, Assets on Platform Were $256 Billion, Down From $278 Billion at End of Q4.
Coinbase Global - in April, Saw Continued Declines in Both Crypto Asset Volatility and Crypto Asset Prices.
We Believe Mtus Will Be Lower in Q2 Compared to Q1.
We Believe Total Trading Volume Will Lower in Q2 Compared to Q1.
Outlook for 2022 is Largely Unchanged.
Coinbase Global - Will Aim to Manage Our 2022 Potential Adjusted EBITDA Losses to About $500 Million on a Full-year Basis.
Q1 Earnings per Share View $0.24, Revenue View $1.48 Billion -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $1.11 Billion
Adjusted EPS is expected to be -$1.69

Next Quarter Revenue Guidance is expected to be $1.24 Billion
Next Quarter EPS Guidance is expected to be -$1.55

More details on our Analysts Page.