{"id":81501,"date":"2022-05-11T00:30:23","date_gmt":"2022-05-11T04:30:23","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81501"},"modified":"2022-05-11T00:16:05","modified_gmt":"2022-05-11T04:16:05","slug":"coinbase-revenue-drops-27-from-a-year-ago-stock-slides","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2022\/coinbase-revenue-drops-27-from-a-year-ago-stock-slides.html","title":{"rendered":"Coinbase revenue drops 27% from a year ago, stock slides"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/COIN\" target=\"_blank\">Coinbase<\/a> reported <a rel=\"noreferrer noopener\" href=\"https:\/\/s27.q4cdn.com\/397450999\/files\/doc_financials\/2022\/q1\/Coinbase-Q122-Shareholder-Letter.pdf\" target=\"_blank\">first-quarter results<\/a> that missed analysts\u2019 revenue estimates after the bell on Tuesday. Shares fell more than 15% in after-hours trading, building on a drop of 12.6% during regular trading hours before the results dropped.<\/p>\n\n\n\n<p>Here are the key numbers:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Loss per share (EPS): <\/strong>$1.98<\/li><li><strong>Revenue: <\/strong>$1.17 billion, versus $1.48 billion expected, according to Refinitiv<\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/05\/10\/coinbase-coin-earnings-q1-2022.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Coinbase reported first-quarter results that missed analysts\u2019 revenue estimates after the bell on Tuesday. Shares fell more than 15% in after-hours trading, building on a drop of 12.6% during regular trading hours before the results dropped. Here are the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81501","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81501"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81501\/revisions"}],"predecessor-version":[{"id":81502,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81501\/revisions\/81502"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}