Coinbase jumps 5% premarket on Q3 earnings beat
Coinbase stock rose over 5% in premarket trading after Q3 revenue hit $1.87 billion, surpassing Wall Street’s $1.81 billion estimate. Net income surged to $432.6 million from $75.5 million a year ago, with transaction revenue up 37% QoQ to $1 billion. US tradable assets exceeded 40,000; Q4 service revenue forecast at $710–$790 million.