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Chris Katje

Coinbase Q3 Revenue Beats Estimates Despite Decline

Coinbase COIN Coinbase Global Inc Crypto PIERRE BORTHIRY

Cryptocurrency trading platform Coinbase Global Inc (NASDAQ:COIN) reported third-quarter financial results after the market close Thursday. PHOTO BY PIERRE BORTHIRY/UNSPLASH

Cryptocurrency trading platform Coinbase Global Inc (NASDAQ:COIN) reported third-quarter financial results after the market close Thursday.

Coinbase reported third-quarter total revenue of $674 million, which was down 5% quarter-over-quarter. The revenue beat a Street consensus estimate of $653.19 million, according to data from Zenger News Pro.

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