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Seeking Alpha
2023-03-09 21:29:43

Bakkt Holdings reports Q4 results, sees FY 2023 revenue below consensus

Bakkt Holdings reports Q4 results, sees FY 2023 revenue below consensus

Bakkt Holdings press release ( NYSE: BKKT ): Q4 GAAP EPS of -$1.24. Revenue of $15.6M (+13.9% Y/Y) misses by $0.37M . Q4 digital asset conversion volume up 19% Y/Y. Q4 transacting accounts of approximately 958K, increased 11% Y/Y. FY 2023 outlook includes net revenues of $62 million - $72 million. The consensus FY 2023 revenue estimate is $78.86M.

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