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Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2
By Mike Dalton at 2026-05-04 20:20
Sentiment: Unknown
Coinbase said May 4 that its net revenue increased by 22% quarter over quarter to $736 million and its operating expenses fell by 24% from the previous quarter. The reduction in operating expenses is related to the fact that the company laid off 950 employees in January. Though the restructuring strategy cost it $144 million, Coinbase said […] The post Coinbase reports 22% revenue growth, net loss of $79M for Q1; notes lower volatility in Q2 appeared first on CryptoSlate. Continue reading...
Categories: Earnings
Tags: #Earnings #Exchanges #Featured
Source CryptoSlate