Bakkt Holdings, Inc. (BKKT) came out with a quarterly loss of $2.67 per share versus the Zacks Consensus Estimate of a loss of $1.77. This compares to loss of $4.75 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -50.85%. A quarter ago, it was expected that this company would post a loss of $2.25 per share when it actually produced a loss of $1.86, delivering a surprise of 17.33%. Over the last four quarters, the company has ...

Second Quarter 2024 Earnings Important notice Unless the context otherwise provides, "we," "our," "Bakkt" and like terms refer to Bakkt Holdings, Inc. and its subsidiaries. FORWARD-LOOKING STATEMENTS This presentation and accompanying oral presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, but are not linrited to, Bakk's guidance and outloo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 Emerging growth company ☒ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 001-39544 BAKKT HOLDINGS, INC. (Exact name of registrant as specified in its charter) Dela ...

Bakkt Reports Second Quarter 2024 Results $509.9 million total revenues including gross crypto revenues and net loyalty revenues $36.8 million operating expenses excluding crypto costs, execution, clearing and brokerage fees, down 43.1% year-over-year, 24.6% sequentially ALPHARETTA, GA – August 14, 2024 – Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE: BKKT) announced its financial and operational results for the quarter ended June 30, 2024. CEO Comments: "We continue to make solid progress against o ...

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Digital asset marketplace Bakkt is reportedly considering putting itself up for sale. This has been a hectic year for Bakkt, which in February said in an U.S. Securities and Exchange Commission (SEC) filing that it might not be able to continue as a "going concern." "The reduction in force is a component of a broader strategic review of the company's operations that is intended to more effectively align resources with business priorities," the company said in a filing with the SEC. The Bloomberg report note ...

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Bakkt aims to take advantage of the opportunity this presents by developing a "foreign exchange-style" electronic communication network (ECN) called BakktX that will be designed as a crypto trading venue for institutions and will provide high performance, low latency and low cost, the presentation said. The BakktX trading venue will execute trades in real time, leverage Bakkt's network of liquidity relationships and have a low fee structure meant to incentivize trading volumes, per the presentation. "We bel ...

Bakkt Holdings, Inc. (NYSE:BKKT) Q1 2024 Results Conference Call May 15, 2024 5:00 PM ET Company Participants Olivia Keavey - Senior Lead of Communications Andy Main - CEO Karen Alexander - CFO Conference Call Participants John Roy - Water Tower Research Trevor Williams - Jefferies Operator Greetings, and welcome to the Bakkt First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. As a reminder, ...

There were no participation units granted during the three months ended March 31, 2023. We made cash payments of less than $0.1 million to settle vested participation units during the three months ended March 31, 2023. • Risk-free interest rate – The risk-free rate is based on the U.S. Treasury yield curve in effect on the grant date for securities with similar expected terms to the term of Opco's incentive units. Basic earnings per share is based on the weighted average number of shares of Class A Common S ...