Coinbase Stock Climbs After Q3 Earnings: Here’s Why

Coinbase Global Inc. (NASDAQ:COIN) shares climbed after the company released its third-quarter earnings report after Thursday’s closing bell, beating expectations on the top and bottom lines.

Here’s a look at the key details from the report.

The Details: Coinbase Global reported quarterly earnings of $1.44 per share, which beat the analyst estimate of $1.11 by 29.38%.

Quarterly revenue came in at $1.86 billion, which beat the analyst consensus estimate …

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