Coinbase Skyrockets 8% as Q1 Revenue Shatters Expectations: Investors Eagerly Jump Aboard

crypto

The cryptocurrency exchange Coinbase saw a significant rise in its shares value after posting promising financial results for Q1 2023 in its recent earnings report. The company’s revenue for the first quarter increased to $773 million, beating analysts’ estimates of $629 million and the Q4 revenue. Simultaneously, the net loss experienced by the business, although […]