Coinbase quarterly profit falls on higher expenses

Reuters

Thu, May 8, 2025, 1:32 PM

(Reuters) -Crypto speech Coinbase reported a driblet successful first-quarter nett connected Thursday arsenic costs rose.

The institution earned adjusted nett income of $526.6 million, oregon $1.94 per share, for the 3 months ended March 31, compared with $697.2 million, oregon $2.53 per share, a twelvemonth earlier.

(Reporting by Jaiveer Singh Shekhawat successful Bengaluru; Editing by Anil D'Silva)