“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given the continuation of a challenging environment, coupled with all the regulatory headlines, it was nice to see a relatively clean quarter with respectable results, all things considered.”
Source: https://www.coindesk.com/business/2023/05/05/coinbase-jumps-16-post-earnings-analysts-praise-results-but-worry-about-regulatory-uncertainty/?utm_medium=referral&utm_source=rss&utm_campaign=headlines