cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Coinbase Reports $2.3B in Revenue, Eclipsing Analyst Expectations

On Feb. 13, Coinbase reported revenue for the fourth quarter of 2024 to the tune of $2.3 billion which equated to adjusted earnings per share of $4.68, up from $1.04 in the same quarter of 2023.

Its quarterly revenue was up 88% year-over-year which translated to a net income of $1.3 billion for the period.

The firm also reported a full-year revenue of $6.6 billion, net income of $2.6 billion, and Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of $3.3 billion.

Coinbase Eclipses Expectations

The bumper revenue 보고 obliterated analyst expectations, which were earnings of $1.36 on revenue of $1.59 billion.

The firm makes the lion’s share of its profits from higher than industry average transaction fees, with transaction revenue in the quarter surging 172% to $1.6 billion.

This equates to nearly 70% of its total revenue, which was primarily driven by crypto market gains, which increased 45% over the three-month period.

Coinbase subscription and services revenue rose 15% to $641 million, and it saw stablecoin revenue grow 31% year-over-year to $226 million. Meanwhile, Blockchain Rewards revenue grew 39% to $215 million, and custodial fee revenue grew 36% to $43 million.

Coinbase executives, including CEO Brian Armstrong, believe crypto is entering a golden age, transitioning from a niche asset class to mainstream financial infrastructure.

“It’s the dawn of a new era for crypto. Crypto’s voice was heard loud and clear in the US elections, and the era of regulation via enforcement that crippled our industry in the US is on its way out.”

The firm plans to expand its international business in 2025 and is seeking growth in subscription and services revenue, including retail staking. Coinbase is also aiming to make USDC the leading stablecoin, leveraging network effects and compliance advantages.

COIN Stock Reaction

Coinbase shares surged 8.4% on the day to $298 before settling at just below $294 in after-hours trading, according to Google Finance.

COIN is up 20% year-to-date, beating crypto markets, which have actually fallen by 2.5% since January 1. Since the same time last year, Coinbase shares have surged 112%, also beating crypto market gains of 69% over the same period.

 

게시물 Coinbase Reports $2.3B in Revenue, Eclipsing Analyst Expectations 에 처음 등장 크립토포테이토.


댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (458) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (74) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (6) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.