COIN's Q4 results reflect higher consumer and institutional transaction revenues, higher crypto asset prices as well as improved adjusted EBITDA.
Coinbase's strong Q4 2024 results, driven by Trump's pro-crypto stance and crypto ETFs, have created a paradigm shift. Transaction revenue tripled in Q4, with significant growth in derivatives and Stablecoin products, showcasing Coinbase's adaptive platform. Future outlook is positive, with a strong Q1 2025 start and management's confidence in expanding TAM.
While the top- and bottom-line numbers for Coinbase Global (COIN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Coinbase Global, Inc. (NASDAQ:COIN ) Q4 2024 Earnings Conference Call February 13, 2025 5:30 PM ET Company Participants Anil Gupta - VP, IR Brian Armstrong - Co-Founder & CEO Alesia Haas - CFO Emilie Choi - President & COO Paul Grewal - Chief Legal Officer & Corporate Secretary Conference Call Participants Owen Lau - Oppenheimer Devin Ryan - Citizens JMP Benjamin Budish - Barclays Ken Worthington - JPMorgan Pete Christiansen - Citi Patrick Moley - Piper Sandler John Todaro - Needham Dan Dolev - Mizuho Bo Pei - U.S. Tiger Securities Alex Markgraff - KBCM Operator Good afternoon. My name is Sarah, and I will be your conference operator today.
Mizuho Americas Senior Financial Technology Analyst Dan Dolev joins Market Domination Overtime anchors Julie Hyman and Josh Lipton to analyze Coinbase's (COIN) fourth quarter results, which exceeded revenue and earnings expectations. While acknowledging that the cryptocurrency trading platform "crushed [in] Q4," Dolev explains the muted market reaction: "That doesn't really matter because the sell side typically is slower to update their numbers than the buy side.
Coinbase Global, Inc. (COIN) came out with quarterly earnings of $3.39 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.04 per share a year ago.
“Crypto's voice was heard loud and clear in the U.S. elections,” company says.
Coinbase Global COIN reported fourth-quarter financial results after the market close Thursday.
Crypto exchange Coinbase reported a steep rise in fourth quarter profit on Thursday, driven by higher trading volumes in bitcoin and other tokens following the U.S. election.
Coinbase reported better-than-expected fourth-quarter earnings, strengthened by a raging postelection crypto rally at the end of 2024.
Coinbase (COIN) reports earnings after the closing bell. John Wu believes the runway for growth remains steady, though how fast Coinbase can run depends on regulation from the Trump administration.
Coinbase Global Inc COIN will be reporting its fourth-quarter earnings on Thursday. Wall Street expects $1.81 in EPS and $1.83 billion in revenues as the company reports after market hours.