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Coinbase misses with Q2 revenue down 64% YoY to $808.3M, vs. $832.2M est., a $1.1B net loss, trading volume down 53% YoY to $217B, and 9M MTUs; stock falls ~5% (Jordan Novet/CNBC)




Jordan Novet / CNBC:

Coinbase misses with Q2 revenue down 64% YoY to $808.3M, vs. $832.2M est., a $1.1B net loss, trading volume down 53% YoY to $217B, and 9M MTUs; stock falls ~5%  —  – Coinbase’s revenue declined almost 64% in the quarter as cryptocurrency prices fell.  — The exchange operator lowered its full-year forecast for transacting users.





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