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Benzinga
Benzinga
Business
Chris Katje

Coinbase Stock Dives After Q2 Earnings While Claiming They're An 'All Weather Company' For Crypto Prices Cycles

Cryptocurrency platform Coinbase Global Inc (NASDAQ:COIN) reported second quarter financial results and shared an updated full year guidance after market close Tuesday.

What Happened: Coinbase reported second quarter revenue of $802.6 million, compared to $2.0 billion in the previous year’s second quarter. Revenue missed a Street consensus of $830.5 million, according to data from Benzinga Pro. 

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