Coinbase EPS beats by $3.84, beats on revenue

Seeking Alpha2021-08-11
  • Coinbase Global, Inc.: Q2 GAAP EPS of $6.42beats by $3.84.
  • Revenue of $2.23B (+1098.9% Y/Y) beats by $350M.
  • Q2 was a strong quarter for Coinbase with growth and diversification across our platform. Retail Monthly Transacting Users (MTUs) grew to 8.8 million, up 44% from Q1 2021. Verified Users were 68 million.
  • Q3 2021 In July, retail MTUs and total Trading Volume were 6.3 million and $57.0 billion, respectively, as crypto asset prices and crypto asset volatility declined significantly relative to Q2 levels.
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    2021-08-11
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