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cryptonews
2023-02-21 16:23:00

Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter

Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter

Coinbase is expected to report a steep decline in its revenue for the last quarter of 2022 as transactions plummeted and crypto prices dropped to record low levels. Coinbase is set to report results for the latest quarter of 2022 after the market close on Tuesday. Wall Street analysts expect the exchange's revenue to drop more than 75% compared to the same quarter in 2021, reaching $588.6 million. ... Read More: Analysts Expect Coinbase Revenue to Drop 75% for Last Quarter

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