Coinbase has sidestepped the industry sceptics - analyst
Wedbush analysts lauded Coinbase Global Inc (NASDAQ:COIN)’s stronger-than-anticipated financial performance in the fourth quarter, noting the cryptocurrency exchange’s outperformance in several key areas. Coinbase reported revenues of $953.8 million in the quarter, surpassing street expectations of $826.1 million, and showcased a total revenue growth of 41.0% quarter-over-quarter. Adjusted EBITDA and its margin reached $305 million and 33.7%, respectively, outperforming FactSet's projection of a 30.2% marg ...