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Coinbase reports a $667 million Q4 loss and EPS of -$2.49, missing profit expectations

Coinbase just dropped a grenade on Wall Street. The company missed big, reporting Q4 revenue of $1.78 billion, down 31%, and an earnings per share (EPS) of -$2.49. Analysts had expected a profit of $0.96 per share. Instead, the company posted a massive net loss of $667 million. This was not a small miss. It […]

Coinbase reports a $667 million Q4 loss and EPS of -$2.49, missing profit expectations