Tag: coinbase

  • Coinbase narrowed its loss to $97 million in the second quarter

    Coinbase narrowed its loss to $97 million in the second quarter

    Coinbase’s net loss in the second quarter of 2023 amounted to $97 million, or $0.42 per share, which significantly surpassed analysts’ expectations of $0.76 per share. However, the company’s stock price dropped by 1% during after-hours trading. Initially, the stock prices had surged by 9.1%. Since the beginning of the year, Coinbase’s shares have seen…