FinTech news in earnings category

Wall Street expected Coinbase to report $581.2 million in revenue and earnings per share of -$2.44 with adjusted EBITDA of -$201.8 million driven by 8.4 million monthly transaction users

Coinbase’s Q2 results Coinbase’s quarter included a large gain in costs compared to the year-ago period — around $500 million — and a sharp revenue decline.

PayPal’s Q4 warning PayPal’s fourth quarter saw total payment volume (TPV) at the company rise to $339.5 billion, up 23% compared to the year-ago period, resulting in revenues of $6.9 billion, up 13% on a year-over-year basis.