Coinbase Global Inc Ordinary Shares - Class A
COIN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@j | LOCK|%^ | LOCK|DbK!J$P |
Coinbase Earnings: Weak Cryptocurrency Prices Lead to Lower Trading Volume and Net Losses
Falling cryptocurrency prices led to weak results for Coinbase, with net revenue falling 22.2% from last year to $1.71 billion. The company lost $2.49 per share, down from a gain of $4.68 last year. However, adjusted for cryptocurrency losses, it earned $0.66 per share.
