Coinbase (COIN) Beats 3Q Earnings, Sales but Trading Revenue Fell

COIN Shares' Rally Following XRP Court Ruling Is Overdone: Berenberg

The crypto exchange reported a third-quarter adjusted loss of $0.01 per share, compared to FactSet estimates for a loss of $0.55 per share, marking it the third consecutive earnings beat for Coinbase. Total revenue for the quarter was $674.1 million, beating analyst estimates of $650.9 million.

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