From Nasdaq
February 13, 2025 04:53:50 pm:

Coinbase Global (NASDAQ:COIN) exceeded Q4 expectations, reporting a diluted EPS of $4.68 and total revenue of $2.3 billion. Revenue surpassed projections by $459 million, highlighting substantial growth attributed to increased trading volume and favorable regulations. Key metrics show positive trajectories in revenue and earnings, positioning the company well in the market.

Coinbase is a major player in the crypto industry, focusing on revenue diversification through subscription services like Coinbase One. Strong regulatory compliance and strategic partnerships drive growth and consumer trust. Q4 saw transaction revenue rise by 172%, reaching $1.6 billion, while net income grew to $1.3 billion, reflecting operational efficiencies and cost management.

Despite stablecoin transaction fee declines, Coinbase looks to mitigate losses through strategic agreements. Q1 2025 outlook predicts subscription and services revenue to range from $685 million to $765 million, prioritizing product innovation and global expansion. Investors should monitor product advancements in DeFi and international markets for growth opportunities.

Management remains cautiously optimistic for Q1, emphasizing product innovation and global expansion amid market volatility. With a strong Q4 performance and strategic focus, Coinbase aims to navigate market challenges and capitalize on growth opportunities ahead.

Read more at Nasdaq: Coinbase Global Exceeds EPS Forecasts