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Nalezeno "Net Profit": 2
Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37% Annual Growth
5.11.2023
Block Inc. reported an increase in third-quarter earnings, with total net revenue climbing to $5.62 billion, marking a 24% year-over-year growth. Setting aside its bitcoin operations, the company’s revenue saw a jump to $3.19 billion, up 16% from the previous year. The firm’s...
Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump
3.11.2023
In the third quarter, Coinbase outperformed expectations despite the extended crypto market slump by recording favorable net income and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). In their most recent shareholder letter, the publicly-traded cryptocurrency...