Coinbase Glb (NASDAQ:COIN) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Coinbase Glb beat estimated earnings by 29.41%, reporting an EPS of $-0.96 versus an estimate of $-1.36.
Revenue was down $393.47 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.07 which was followed by a 1.43% drop in the share price the next day.
Here’s a look at Coinbase Glb’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -2.39 | -2.40 | -2.68 | 0.17 |
| EPS Actual | -2.46 | -2.43 | -4.98 | -1.98 |
| Revenue Estimate | 586.23M | 659.88M | 830.52M | 1.48B |
| Revenue Actual | 629.11M | 590.34M | 808.33M | 1.17B |
To track all earnings releases for Coinbase Glb visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
