Coinbase Global (COIN) reported Q4 FY2023 earnings of $1.04 per share (versus $(2.46) per share in Q4 FY2022), solidly beating analysts’ consensus estimate of $0.02 per share.
The company’s quarterly revenues amounted to $0.954 bln (+51.6% y/y), strongly beating analysts’ consensus estimate of $0.826 bln.
COIN rose to $188.45 (+13.75%) in pre-market trading.