Core Viewpoint - Circle's stock has been on a downward trend, dropping 8% to $70.41, with a continuous decline since the end of October [1] Financial Performance - Circle reported third-quarter revenue of $740 million, a 66% year-over-year increase, surpassing market expectations of $710 million [1] - The company's earnings per share (EPS) were $0.64, significantly exceeding the expected $0.20 [1] - Net profit for the third quarter was $214.4 million, compared to $71 million in the same period last year, reflecting a 202% year-over-year growth [1] Market Dynamics - The substantial growth in the circulation of USDC (USD Coin) was a key driver of Circle's revenue increase, with circulation more than doubling compared to the same period last year [1] - There is a sustained market demand for regulated stablecoins, as evidenced by the growth in Circle's stablecoin circulation [1]
Circle(CRCL.US)跌8% 遭董事连续减持共计29.1万股普通股