Coinbase (COIN) Shares Rise After Q2 Revenue Beats Wall Street Estimates Amid Falling Trading Volume

(Source: Barclays)

The crypto exchange said its second quarter total revenue was $1.45 billion versus average estimate of about $1.4 billion, according to FactSet. However, the second quarter adjusted Ebitda of $596 million came in lower than the consensus of $607.7 million.

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