Coinbase Global, Inc.'s (COIN) CEO Brian Armstrong on Q2 2022 Results - Earnings Call Transcript

Aug. 09, 2022 8:50 PM ETCoinbase Global, Inc. (COIN)
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Coinbase Global, Inc. (NASDAQ:COIN) Q2 2022 Earnings Conference Call August 9, 2022 5:30 PM ET

Company Participants

Anil Gupta - VP, IR

Brian Armstrong - Co-Founder, Chairman & CEO

Emilie Choi - President & COO

Alesia Haas - CFO

Conference Call Participants

Owen Lau - Oppenheimer

Lisa Ellis - MoffettNathanson

Ken Worthington - JPMorgan

Richard Repetto - Piper Sandler

Stephen Glagola - Cowen

Devin Ryan - JMP Securities

Will Nance - Goldman Sachs


Good afternoon. My name is Sarah, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase Second Quarter 2022 Earnings Call. All lines have been placed on mute to prevent any background noise. [Operator Instructions]

Anil Gupta, Vice President, Investor Relations, you may begin your conference.

Anil Gupta

Thank you. Good afternoon, and welcome to the Coinbase second quarter 2022 earnings call. Joining me on today's call are Brian Armstrong, Co-Founder and CEO; and Emilie Choi, President and COO; and Alesia Haas, CFO. I hope you've all had the opportunity to read our shareholder letter, which was published on our IR site earlier today.

Before we get started, I'd like to remind you that during today's call, we may make forward-looking statements. Actual results may vary materially from today's statements. Information concerning risks, uncertainties and other factors that could cause these results to differ is included in our SEC filings.

Our discussion today will include references to certain non-GAAP financial measures. Reconciliations to the most directly comparable GAAP financial measures are provided in the shareholder letter on our IR website. Non-GAAP financial measures should be considered in addition to, not as a substitute for, GAAP measures.

We are once again using the Say Technologies platform to enable our shareholders to post questions. And in addition, we will take

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