Coinbase swings to profit in Q1 on jump in trading volumes
Coinbase swung to a profit in the first quarter Thursday as revenue more than double from a year earlier, underpinned by a jump in trading volumes. Coinbase Global Inc (NASDAQ:COIN) shares were down more than 3% in
Fluor Swings To Q1 Profit, But Below Estimates; Revenue Drops
(RTTNews) - Fluor Corporation (FLR) Friday reported a profit of $59 million or $0.34 per share for the first quarter, compared with a loss of $117 million or $0.82 per share in the same quarter a year ago, primarily due to lower expenses.
Cinemark Swings to First-Quarter Profit Despite Lower Revenue
The movie cinema giant, led by CEO Sean Gamble, saw overall admissions and box office revenues fall so far this year amid Hollywood strike headwinds.
Coinbase posts soaring profit on jump in crypto prices
By Hannah Lang (Reuters) -Coinbase Global swung to a first-quarter profit of over $1 billion from a year earlier loss, helped by an uptick in cryptocurrency trading following the launch of the first U.
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. Elevated costs have come with it.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but
Coinbase’s First-Quarter Profit, Revenue Top Forecasts
Revenue more than doubled to $1.58 billion, topping the $1.32 billion average estimate of analysts surveyed by Bloomberg. Net income was $1.17 billion, or $4.40 a share, compared with a loss of $79 million,
Coinbase Blows Past First-Quarter Earnings Estimates. Bitcoin’s Boom Bolstered Profits.
Recent euphoria around Bitcoin’s acceptance by major institutions probably provided a boost to the company this year, but major threats to its business remain.
Coinbase reports first-quarter revenue beat after bitcoin rally leads surge in profit
Coinbase's quarterly results follow a big jump in the price of bitcoin from a year earlier, though the rally has stalled of late.
Coinbase Q1 Earnings Highlights: Revenue Beat, Institutional Trading Volume Hits All-Time High, Bitcoin Totals 33% Of Trades
Cocoa Swings Lower in Volatile Market Hit by Thin Trading
Cocoa prices turned lower on Wednesday, continuing a week of choppy trading that has seen a lack of liquidity fuel more ...
Russia's Gazprom swings to $6.9 billion 2023 loss as sales to Europe plummet
Russia's natural gas producing giant Gazprom plunged to a net loss of 629 billion roubles ($6.9 billion) last year from a net ...
Press & Guide2d
Fifth grader writes letter to Kiwanians for help buying ‘inclusive’ swings, gets $1,000
She built her case for inclusion on her school playground and Woodhaven Kiwanians contributed $1,000 to the Anderson Student ...
Stock market today: Asian markets follow Wall Street swings after Fed keeps interest rates high
Asian markets are wobbling in early trading after U.S. stocks swung to a mixed finish with the Federal Reserve delaying cuts ...
Gold Pushes Higher as Fed’s Message and Yen Swings Spur Gains
Gold edged higher as the Federal Reserve struck a less hawkish tone than expected when holding interest rates steady, and ...
Canada Swings to Goods-Trade Deficit as Exports Drop
Canada unexpectedly posted a goods-trade deficit in March after a slump in exports erased gains made the month before, led by a retreat in gold shipments and declines in the automotive industry.
Moderna Swings to 1Q Loss, But Sees Data on New Vaccine Later in '24
By Rob Curran Moderna swung to a hefty first-quarter loss but the maker of Covid 19 vaccines forecast some seasonal strength in sales in the second half ...
Brattleboro Reformer1d
Wind energy giant Vestas swings to loss, sees geopolitical headwinds
Vestas, the world's number one wind turbine maker, said Thursday it swung to a 75-million-euro ($80-million) loss in the ...
Edison swings to Q1 net loss, raises wildfire cost estimate to nearly $10B
Edison International (NYSE:EIX) -1.5% in Wednesday's trading after reporting mixed Q1 results and saying it raised its ...
AutoCanada Swings to 1Q Loss With Fall in Used Vehicle Sales, Impairment Hit
By Robb M. Stewart AutoCanada swung to a loss in the first quarter as it faced a tough market, with a lack of used vehicles and consumer reluctance ...