jam vs skn dream11 prediction

main products:jam vs skn dream11 prediction
Zheng Tianzhong

jam vs skn dream11 prediction

main job:jam vs skn dream11 prediction

Station bird member No.5Year

jam vs skn dream11 prediction

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jam vs skn dream11 prediction

jam vs skn dream11 prediction Coinbase reported its second-quarter financial results on Thursday.Berenberg analyst Mark Palmer sees downside in COIN to .Coinbase stock has nearly tripled since the start of the year 2023.Shares of Coinbase Global Inc wobbled but eventually ended flat in extended hours today even though the crypto exchange reported market-beating results for its fiscal second quarter.Why is Coinbase stock unimpressed in after-hours?The stock is primarily responding to weakness in transaction revenue that printed at 7 million down nearly 13% sequentially. Trading volume also tanked to million versus 5 million in the prior quarter.Also a negative was interest income that declined about 17% on a quarter-over-quarter basis to 1 million. Reacting to the earnings print in an email, Mark Palmer a Berenberg analyst wrote:Interest income and staking revenue appear to be at risk going forward given the ongoing declines in USDCs market cap and regulatory challenges to staking programs.USDC holdings brought in 1 million in interest income to Coinbase in Q2.Notable figures in Coinbase Q2 earnings reportLost million versus the year-ago 0 millionPer-share loss also narrowed from .98 to 34 centsRevenue tanked roughly 35% YoY to 3 millionConsensus was 76 cents loss on 8 million in salesSubscription and services revenue printed at 5 millionIn June, Coinbase Global Inc was sued by the SEC that accused it of violating the U.S. securities laws (read more).Should you buy Coinbase stock?Coinbase also revealed in a letter to shareholders today that transaction revenue stood at 0 million in July.The crypto exchange now forecasts at least 0 million in subscription and services revenue in its current financial quarter. According to Berenbergs Palmer:Guidance was muted, and adjusted EBITDA print included a huge adjustment for stock-based compensation an area management had said it would look to reduce.Note that Palmer has a price target on Coinbase stock that warns of a more than 50% downside from here. In his own words, shares of the crypto company are uninvestable at least in the near term.

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