Coinbase Q1 Earnings Hit Highs, but Still Miss Mark May 14, 2021
Coinbase (COIN) released its Q1 earnings in a letter to shareholders yesterday that saw quarterly profits soar, even as the company still fell short of expectations in several key metrics, according to CNBC.
Net profits rose to over $771 million, more than four times what the company reported at the end of 2020, with a net revenue of $1.8 billion.
Strong User Growth, Higher Asset Prices
Coinbase hit other highs in its letter to shareholders, particularly in its user growth: monthly transacting users more than doubled to 6.1 million, up from 2.8 million in Q4 of 2020. Verified users were over 56 million.
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NEW YORK, Jan. 21, 2021 (GLOBE NEWSWIRE) Council for Aid to Education, Inc. (CAE), a nonprofit developer of performance-based and custom assessments that authentically measure students essential college and career skills, today announced the appointments of Judith Eaton, Ph.D., and Diane Ferguson to its board of directors. Eaton previously served as president of both the Council for Higher Education Accreditation (CHEA) and CAE. Ferguson is managing director, head of financial institutions, corporate and investment banking at Mizuho Americas. CAE is pleased to welcome Judith and Diane as the latest additions to our board, said Bob Yayac, president and CEO, CAE. Judith is a nationally known advocate for education and we re honored to have her return to CAE in this role. Diane s strong financial background will serve us as we grow our organization in the coming years. With their combined decades of expertise and passion for our work, I am confident they will enable
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