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Coinbase Shares Dip 5% After-Hours despite Q3 Earning Beats Estimates

Coinbase Shares Dip 5% After-Hours despite Q3 Earning Beats Estimates
Coinbase Global (Nasdaq: COIN) has managed to beat the market estimates with its third-quarter revenue of $674.1 million and an adjusted loss of $0.01 per share. However, shares of the crypto exchange plummeted nearly 5 percent due to the missed total trading volume expectations.Mixed Q3 Results of Coinbase According to the official figures published yesterday (Thursday), the total trading volume between July and September came in at $76 billion, compared to the estimates of $80.1 billion. The f... Read More
Posted: Nov 3 2023, 06:40
Author Name: financemagnates
Views: 112116

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