Coinbase Global Inc Ordinary Shares - Class A
COIN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|kl | LOCK|t#n | LOCK|K&dBGj |
Coinbase Earnings: Sequential Improvement but Weak Cryptocurrency Trading Volume Still an Issue
Coinbase reported another round of weak earnings as cryptocurrency trading volume remained low despite a recovery in crypto prices in the second half of the quarter. Net revenue fell 35% from last year to $1.2 billion, while diluted earnings per share rose to $2.51 from $1.50.
