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Coinbase shares fall after first-quarter revenue misses Wall Street estimates
COINCoinbase(COIN) CNBC·2025-05-09 05:35

A smartphone with the Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this photo taken June 8, 2023.Coinbase shares fell as first-quarter revenue came in shy of Wall Street's expectations, despite the growth in stablecoin revenue.In the quarter ended March 31, Coinbase earned 65.6million,or24centspershare,downfrom65.6 million, or 24 cents per share, down from 1.18 billion, or 4.40ashareayearago.Excludingtheimpactofcryptoinvestments,Coinbasesadjustedearningswere4.40 a share a year ago. Excluding the impact of crypto investments, Coinbase's adjusted earnings were 527 million, or $1.94 per share ...