Coinbase (COIN) matches Q2 earnings expectations with revenues exceeding estimates.

From Nasdaq
August 1, 2024 5:25:07 PM:

Coinbase Global, Inc. (COIN) reported quarterly earnings of $1.07 per share, inline with expectations and an improvement from a year ago. Revenues reached $1.45 billion for the quarter, exceeding estimates. The stock has gained 29% this year. Usio Inc (USIO) is expected to report break-even earnings per share and a revenue decrease in the upcoming quarter.

Investors are eager to know what’s next for Coinbase Global after its strong performance this year. The earnings outlook and estimate revisions will be key factors. Usio Inc is set to release its quarterly results on August 14, with expectations of break-even earnings and lower revenues. Other stocks in the industry are also being closely monitored for potential investment opportunities.

Read more at NasdaqLiveData: Coinbase Global, Inc. (COIN) Matches Q2 Earnings Estimates