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Coin Edition 2023-05-05 14:50:00

Coinbase Stock Rises 8% After Company Beats Q1 Revenue Estimates

American crypto giant Coinbase delivered a rather optimistic financial update earlier today during its earnings call for the first quarter of 2023. The crypto exchange beat its revenue estimates by 18% while bringing down its year-over-year net loss by a whopping 81%. Furthermore, the firm reported a positive adjusted EBITDA for Q1’23. According to the The post Coinbase Stock Rises 8% After Company Beats Q1 Revenue Estimates appeared first on Coin Edition .

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