Coinbase Q1 Financial Report: Revenue Reached $2.03 Billion, a Year-on-Year Increase of 24%
ChainCatcher news, according to Financefeeds, Coinbase Global Inc. reported that its revenue for the first quarter of 2025 reached $2.03 billion, a year-on-year increase of 24%.
Although this result shows significant growth against the backdrop of a recovery in the cryptocurrency market, it still fell slightly short of analysts' expectations of $2.1 billion. This "missed expectation" in the earnings report led to a 3% drop in Coinbase's stock price in after-hours trading.
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