
Coinbase Swings to Profit with $1.0B Adjusted EBITDA Turnaround
Coinbase Global, Inc.Description
What this story covers
Coinbase Global, Inc. achieved a net income of 0 point 1 billion dollars in 2023, reversing a 2 point 6 billion dollar net loss in 2022, driven by 217 point 5 percent growth in stablecoin revenue and significant cost reductions.
Story snapshot
CompanyCoinbase Global, Inc.
TickerCOIN
VariantStandard detailed
Duration24:48
Filing type10-K
PeriodAnnual 2023
IndustryFinancial Services
Accession0001679788-24-000022
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