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Coinbase lower after missing Q3 revenue estimates

Nov. 09, 2021 4:07 PM ETCoinbase Global, Inc. (COIN) StockBy: Gaurav Batavia, SA News Editor45 Comments
  • Coinbase (NASDAQ:COIN): Q3 GAAP EPS of $1.62 beats by $0.19.
  • Revenue of $1.31B (+315.9% Y/Y) misses by $270M.
  • Shares -7.6%.
  • Press Release
  • GAAP EPS $1.62 vs. $6.42 q/q
  • Monthly transacting users 7.4 million, -16% q/q, estimate 7.09 million
  • Trading volume $327

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