2 / 4 Relevant items tagged with #Earnings

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Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord

[May 15 4:17 AM] The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.

Marathon Digital misses Q1 estimates on bad weather, utility failures

[May 9 7:30 PM] The Bitcoin miner’s top line came below expectations due to “unexpected equipment failures” and worse-than-predicted weather at multiple mining sites.

Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges

[May 9 2:40 PM] TK

Grayscale Parent Digital Currency Group Reports $229M Revenue for Q1

[May 9 10:05 AM] Digital Currency Group (DCG), the parent company of asset manager Grayscale, reported a first quarter revenue up 11% from the previous quarter to $229 million.

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

[May 9 4:15 AM] The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

Core Scientific Posts $210.7M Profit in Q1 2024, Boosted by Bitcoin Mining Surge

[May 9 3:36 AM] Core Scientific announced a significant recovery in its financial performance for the first quarter of 2024, reporting a net income of $210.7 million, a stark contrast to the net loss of $0.4 million from the same period last year, driven by an…

Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms

[May 8 2:37 PM] The popular trading platform also beat first quarter revenue and earnings estimates.

Bitcoin mining revenue hits post-halving yearly low

[May 6 2:16 AM] Daily revenue from Bitcoin mining dropped to under $3 million from the previous daily average of roughly $6 million in the first four months of 2024.

Crypto Exchange Coinbase Had a Blowout First Quarter: Analysts

[May 3 4:33 AM] The business has a number of positive catalysts including its smart wallet Coinbase Prime, layer-2 network Base and its growing international offering, the analysts said.

Block shares see after-hours bump as Q1 results top estimates

[May 2 3:33 PM] Block’s first-quarter 2024 results beat Wall Street analyst estimates on earnings and revenue which saw its share price surge after the bell.

3 signs hint that Bitcoin price is nearing a bottom

[May 1 1:45 PM] The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.

Bitcoin falls under $60K as BTC‘s futures premium drops to a 5-month low

[Apr 30 1:21 PM] Bitcoin price revisits recent lows as the BTC futures premium falls to a 5-month low. Is the bull market over?

Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord

[Mar 27 3:25 AM] The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.

Galaxy Digital Reports 2023 Net Income of $296M Following Year-Earlier $1B Loss

[Mar 26 5:32 AM] The reversal marks a thawing of the crypto winter that occurred in 2023.

Robinhood Shares Jump in Premarket Trading After Blowout February Activity Levels

[Mar 14 3:35 AM] Crypto trading volume grew 10% month-on-month to $6.5 billion, the company said.

Bitcoin Miner Marathon's Sales Beat Fails to Impress Wall Street

[Feb 28 4:06 PM] The company sold 56% of its mined bitcoin during the fourth quarter to fund operating costs.

Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report

[Feb 28 10:36 AM] The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.

AI-Linked Crypto Tokens Surge After Nvidia Sees 'Tipping Point'

[Feb 21 3:37 PM]

JPMorgan Analyst Criticizes Coinbase's Lack of Insights Into Its ETF Business

[Feb 16 2:11 PM] Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).

Coinbase Analysts Turn More Bullish on Crypto Exchange After Earnings Beat; Shares Climb

[Feb 16 8:21 AM] Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.

Coinbase Shares Surge After It Crushes Wall Street Expectations

[Feb 15 3:19 PM]

Coinbase to Report Strong Earnings, ETF Benefits May Surprise Wall Street, Analysts Say

[Feb 14 12:37 PM] Coinbase is expected to report strong revenue numbers, given an uptick in crypto trading volume towards the end of 2023.

Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings

[Feb 13 3:59 PM] The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.

New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut

[Jan 31 9:30 AM] The bank took over defunct Signature Bank's non crypto-related deposits last year.

Bitcoin Miner Hut 8 Q3 Net Loss More Than Doubles as Production Slumps

[Nov 14, 2023 9:22 AM] The firm said it mined fewer coins due to a higher network difficulty, operational issues and the suspension of some operations.

Bitcoin Miner Marathon Digital Beats Q3 Earnings Estimates, but Misses on Revenue

[Nov 8, 2023 3:39 PM] The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.

Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

[Nov 7, 2023 4:00 PM] The crypto trading platform for EU will start in "coming weeks."

Block’s Q3 Earnings Show $2.42 Billion Bitcoin Revenue, Marking 37% Annual Growth

[Nov 5, 2023 1:30 AM] 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%…

Coinbase Turns the Tide: Q3 Earnings Show Net Profit Amid Crypto Market Slump

[Nov 3, 2023 9:30 AM] 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…

Coinbase narrows loss while crypto trading volumes fall in Q3

[Nov 2, 2023 5:44 PM] Despite seeing falling trading volumes, Coinbase said they were “pleased” with how the quarter played out.