Coinbase shares dive 23% after revenue miss - CNBC


5/11/2022 12:00:00 AM2 years 11 months ago
by Annie Palmer

The company said revenue fell 27% from the year-ago period, and usage on Coinbase declined from the fourth quarter.

Shares of Coinbase plunged about 23% on Wednesday after the company reported shrinking revenue and declining users. Coinbase said Tuesday that revenue fell 27% year-over-year to $1.17 billion, which… [+1612 chars]

full article...