{"id":70364,"date":"2023-10-08T23:12:56","date_gmt":"2023-10-09T03:12:56","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/coinbase-to-release-q3-2023-results-and-host-qa-session-in-november\/"},"modified":"2023-10-08T23:13:00","modified_gmt":"2023-10-09T03:13:00","slug":"coinbase-to-release-q3-2023-results-and-host-qa-session-in-november","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=70364","title":{"rendered":"Coinbase to release Q3 2023 results and host Q&A session in November"},"content":{"rendered":"
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\u00a9 Reuters <\/span>
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Coinbase (NASDAQ:) Global, Inc., a significant entity in the cryptoeconomy, has announced plans to release its Q3 2023 shareholder letter and financial results on November 2, 2023, after the market closes. The details will be made available on the company’s Investor Relations website.<\/p>\n

According to InvestingPro’s real-time metrics, Coinbase has a current market cap of 18.61 billion USD, with a negative P\/E ratio of -14.05. This indicates that the company is not currently profitable, a fact that is supported by the InvestingPro Tip that analysts do not anticipate the company will be profitable this year. The company has also experienced a decline in revenue growth, with a -55.34% change in the last twelve months (LTM2023.Q2), and a quarterly revenue growth of -17.46% for FY2023.Q2.<\/p>\n

In addition to the release of financial results, Coinbase will host a Q&A session at 2:30 p.m. PT on the same day. This interactive session aims to provide further insights into the released results.<\/p>\n

Starting from October 26, shareholders will have an opportunity to submit and rank questions for Coinbase’s management through a dedicated platform. This platform will remain open for submissions until 24 hours before the earnings call. Those interested in attending the live webcast of the call can register via a provided link on the Investor Relations website. A replay and transcript of the call will also be available on the same website after the call.<\/p>\n

Coinbase utilizes multiple channels to disclose significant non-public information in order to meet Regulation FD requirements. These channels include their websites, press releases, conference calls, and social media outlets such as CEO Brian Armstrong’s Twitter feed.<\/p>\n

Despite the company’s current financial situation, it’s worth noting that Coinbase’s stock price has shown significant resilience, with a year-to-date price total return of 110.85%, as per InvestingPro’s data. Yet, potential investors should be aware of the high price volatility, as highlighted by InvestingPro Tips. For more tips and insights like these, investors can access InvestingPro, which offers a multitude of additional tips for informed decision making.<\/p>\n

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.<\/em><\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters Coinbase (NASDAQ:) Global, Inc., a significant entity in the cryptoeconomy, has announced plans to release its Q3 2023 shareholder letter and financial results on November 2, 2023, after the market closes. The details will be made available on the company’s Investor Relations website. According to InvestingPro’s real-time metrics, Coinbase has a current market […]<\/p>\n","protected":false},"author":1,"featured_media":19564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-70364","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nCoinbase to release Q3 2023 results and host Q&A session in November | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters Coinbase (NASDAQ:) Global, Inc., a significant entity in the cryptoeconomy, has announced plans to release its Q3 2023 shareholder letter and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=70364\" \/>\n<meta property=\"og:locale\" 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