Coinbase shares slide more than 7% on weaker-than-expected trading volume
Financial Performance - Coinbase revenue missed expectations, coming in at $15 billion, slightly below the street's expectation of $16 billion [1] - Earnings per share at $514 is unclear if comparable to estimates [1] - Total transaction revenue reached approximately $764 million, slightly below expectations [1] - Subscription revenue was $656 million, below the estimated $76 million [2] Revenue Breakdown - Stable coin revenue met expectations at approximately $33 million [2]