Coinbase Misses Q3 Estimates, Cites Market Weakness

Coinbase stock fell in after-hours trading Wednesday after the cryptocurrency exchange reported third-quarter earnings and revenue that fell below Wall Street analysts’ estimates. Based on FactSet data, the crypto exchange posted total revenue of $1.2 billion for the quarter, compared with an average estimate of $1.26 billion. Crypto Winter Takes its Toll on Coinbase Earnings The post Coinbase Misses Q3 Estimates, Cites Market Weakness appeared first on CoinGape.