Company News: Coinbase Global (COIN) quarterly results beat analysts’ expectations

Market news

11 August 2021

Company News: Coinbase Global (COIN) quarterly results beat analysts’ expectations

Coinbase Global (COIN) reported Q2 FY 2021 earnings of $6.42 per share, beating analysts’ consensus estimate of $2.57 per share.

The company’s quarterly revenues amounted to $2.033 bln, beating analysts’ consensus estimate of $1.828 bln.

COIN rose to $276.59 (+2.57%) in pre-market trading.

USD/CAD to hit the 1.28 level on risk aversion - Mizuho

EUR/USD to suffer a substantial drop to 1.16 on a slide below 1.17 - SocGen

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