🚀 Coinbase Q3 Earnings Miss Estimates, Shares Dip! 🚀

Coinbase's Q3 earnings report fell short of Wall Street's expectations, with revenue hitting $1.2B vs. the expected $1.26B. EPS also missed, coming in at $0.28 vs. the anticipated $0.45. Adjusted Ebitda was $449M, below the $469.2M estimate. 📉

Despite weaker market conditions, VP Anil Gupta highlighted growth in some areas and expressed overall satisfaction with the results. Transaction fees, Coinbase's main income source, fell 27% due to lower trading volumes.

What are your thoughts on Coinbase's strategy to diversify revenue streams? Share below! ⬇️ #Crypto #Coinbase