View full page at cryptocraft.com

 

Coinbase Shareholder Letter, Third Quarter 2023

From s27.q4cdn.com

Q3 was a strong quarter for Coinbase. Amid multi-year low levels of volatility, we are pleased with our financial results. While we have generated a net loss through Q3, we are on track to deliver meaningful positive Adjusted EBITDA for 2023, reflecting the direction we set at the beginning of the year to be a company that can generate Adjusted EBITDA in all market conditions. Combined with a strong balance sheet with over $5.5 billion in $USD resources1, we are determined to invest in the future and deliver the most trusted products and services that expand onchain utility. In Q3, we obtained new licenses that ... (full story)

Story Stats

  • Posted:
  • Category: Crypto Industry News