Coinbase Global Inc Ordinary Shares - Class A
COIN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&@ | LOCK|>^M | LOCK|gQZmRQ |
Coinbase Earnings: Higher Trading Volume and Cryptocurrency Prices Drives a Recovery in Earnings
Coinbase reported decent third-quarter results as improved cryptocurrency market conditions drove transaction revenue higher. Net revenue rose 58.8% from last year and 26.3% from last quarter to $1.79 billion. Adjusted net income rose to $420.7 million from $167.8 million last year.
