Coinbase Global Inc Ordinary Shares - Class A
COIN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Vd | LOCK|KM | LOCK|#<VVzKh |
Coinbase Earnings: Sequential Decrease in Revenue on Less Trading, but Service Revenue Sets New High
Coinbase reported sequentially weaker first-quarter earnings as falling cryptocurrency prices during the quarter led to less trading and cryptocurrency asset losses. Net revenue decreased 11% from last quarter, though rose 24% from last year, to $1.96 billion.
