Coinbase revenue drops 27% from a year ago, stock slides

(CNBC) Coinbase reported first-quarter results that missed analysts’ revenue estimates after the bell on Tuesday. Shares fell more than 15% in after-hours trading, building on a drop of 12.6% during regular trading hours before the results dropped.

Here are the key numbers:

  • Loss per share (EPS): $1.98
  • Revenue: $1.17 billion, versus $1.48 billion expected, according to Refinitiv

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