Coinbase Falls More Than 12% as Second-Quarter Revenue Drops to $1.22 Billion
Coinbase shares fell more than 12% on July 31 after the company reported that second-quarter total revenue had declined to $1.22 billion. The company posted a GAAP net loss of $359 million, marking its second consecutive quarter of net losses, according to CLS.
Coinbase shares fell more than 12% on July 31 after the company reported that second-quarter total revenue had declined to $1.22 billion.
The company posted a GAAP net loss of $359 million, marking its second consecutive quarter of net losses, according to CLS.
The company posted a GAAP net loss of $359 million, marking its second consecutive quarter of net losses, according to CLS.