{"id":46155,"date":"2023-05-05T00:45:04","date_gmt":"2023-05-05T00:45:04","guid":{"rendered":"https:\/\/lydian.io\/?p=46155"},"modified":"2023-05-05T00:45:05","modified_gmt":"2023-05-05T00:45:05","slug":"coinbases-stock-price-surges-7-9-as-first-quarter-results-beat-expectations","status":"publish","type":"post","link":"https:\/\/lydian.io\/coinbases-stock-price-surges-7-9-as-first-quarter-results-beat-expectations\/","title":{"rendered":"Coinbase's stock price surges 7.9% as first-quarter results beat expectations","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
<\/p>\n
Crypto change Coinbase considerably decreased its web loss within the first quarter of 2023, thanks partially to sturdy retail buying and selling earnings.<\/p>\n
The corporate's web loss declined from $557 million in This fall 2022 to $79 million in Q1, due partially to a 22% improve in income to $736 million.<\/p>\n
Beat the outcomes expectations<\/a> by some analysts, resulting in a 7% surge in Coinbase (COIN) inventory worth in after-hours buying and selling.<\/p>\n Coinbase (COIN) share worth. Supply: Google Finance.<\/p>\n