Coinbase
Global is expected to show a sharp drop in revenue and earnings when it reports second-quarter results after the close on Tuesday, as investors get their first chance to see how much damage the crypto-market crash did to the trading platform.
Wall Street expects Coinbase (ticker: COIN) to report revenue of $874 million, down 25% from the first quarter. Analysts also see the company’s quarterly loss widening to $2.47 per share from $1.98 the quarter before.
