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Coinbase beats on revenue and earnings, but usage continues to decline

Coinbase beats on revenue and earnings, but usage continues to decline

In this photo illustration, the Coinbase logo is displayed on a smartphone screen.

Rafael Henrique | SOPA Images | Lightrocket | Getty Images

Coinbase reported user numbers that fell short of analysts’ estimates even as fourth-quarter earnings and revenue beat projections. The stock rose more than 2% in extended trading after dropping 4.8% during the day.

Here’s how the company did:

  • Earnings: Loss of $2.46 per share, vs. loss of $2.55 per…


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