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Coinbase Q1 revenue misses estimates, shares fall after hours

Coinbase reports Q1 revenue of $1.41B, down 31% year-on-year and below the $1.52B estimate, with a per-share loss of $1.49 against an expected $0.27 profit.

May 7 · 23:05:01 · primary fetch1 sourceupdated May 7 · 23:05:01

CNBC: Coinbase reports Q1 revenue down 31% YoY to $1.41B, vs. $1.52B est., and a loss of $1.49 per share, vs. a $0.27 profit est.; COIN drops 4%+ after hours — Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies' major revenue drivers — spot trading in digital assets .

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techmeme.comCoinbase reports Q1 revenue down 31% YoY to $1.41B, vs. $1.52B est., and a loss of $1.49 per share, vs. a $0.27 profit est.; COIN drops 4%+ after hours (CNBC)primary23:05:01