Coinbase's Mixed Quarter: Revenue Up, Profits Down
The first three months of 2025 brought a mixed bag for Coinbase. While the company saw a boost in revenue, profits took a hit. The company's earnings for the first quarter of 2025 were significantly lower than the previous year. The earnings were $65. 6 million, or 24 cents per share, which is a sharp drop from the $1. 18 billion, or $4. 40 a share reported in the ...