CORRECTED-Coinbase quarterly profit falls on higher expenses
ReutersMay 8, 2025 8:46 PM
May 8 (Reuters) - Crypto exchange Coinbase COIN.O reported a drop in first-quarter profit on Thursday as costs rose.
The company earned adjusted net income of $526.6 million, or $1.94 per share, for the three months ended March 31, compared with $679.2 million, or $2.53 per share, a year earlier.
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