Crypto exchange Coinbase posts smaller first-quarter loss
AD
Summary:On a per share basis, the company reported a loss of 34 cents a share, while analysts estimated a loss of $1.35 a share, sending its shares up nearly 7% in extended trading. Coinbase's shares, which lost 85% in 2022, rose nearly 40% this year up to Thursday's close as cryptocurrencies gain some ground. "This is the fourth crypto cycle that Coinbase has been through and we've emerged stronger after each one," Chief Executive Officer Brian Armstrong said.

On a per share basis, the company reported a loss of 34 cents a share, while analysts estimated a loss of $1.35 a share, sending its shares up nearly 7% in extended trading. Coinbase's shares, which lost 85% in 2022, rose nearly 40% this year up to Thursday's close as cryptocurrencies gain some ground. "This is the fourth crypto cycle that Coinbase has been through and we've emerged stronger after each one," Chief Executive Officer Brian Armstrong said.

Disclaimer:As an open information publishing platform, shilian only represents the author's personal views and has nothing to do with shilian. If the article, picture, audio or video contains infringement, violation or other inappropriate remarks, please provide relevant materials and send it to: 2785592653@qq.com.
Hint:The information provided on this site does not represent any investment suggestion. Investment is risky, and you must be cautious when entering the market.
ShilianFan group:Provide the latest hot news, airdrop candy, red envelopes and other benefits, WeChat: rtt4322.