The amount of bitcoin mined daily by Argo Blockchain and the mining company’s revenue increased in February. Last month, the dual-listed blockchain technology company mined 162 bitcoins or...
Tag: revenue
Despite Crypto Bear Market, Revolut’s Revenue Climbed by 33% in 2022 (Report)
The London-based fintech company that allows cryptocurrency trading – Revolut – saw a 33% spike in its revenue in 2022, said the firm’s CFO. Its positive results come in spite of the crypto market de...
Revolut Reports 33% Increase in Revenue in 2022 Reaching $1.03B
16 hours ago | 2 mins read Exchange News The company’s sales increased to $1.03 billion in 2022 as per Revolut’s CFO. It is anticipated that the fiscal year 2022 accounting results will be released in...
Revolut Auditors Concerned Over its Revenue Figures
Revolut increased its revenue by 33% last year, riding the crypto wave, but auditors are concerned about the 2021 revenue reports. According to Reuters, the fintech company Revolut is now profitable, ...
Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up
Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...
Revolut app: annual report on revenue
The Revolut app exceeds 100 million pounds of adjusted EBITDA and 26.3 million pounds of profit in its first full year of profitability. In addition, its revenues nearly tripled: from £220 million in ...
Bitcoin miner Marathon expected to see revenue triple in Q4
Marathon is expected to post triple the revenue it brought in during the third quarter for its fourth-quarter earnings after the U.S. close today. The miner is expected to report $38.4 million i...
Walmart banks more revenue than Apple and Home Depot combined, but warns of tougher times ahead
Walmart (NYSE:WMT) banked $164.1 billion of revenue in the fourth quarter, per earnings results announced last week. This beat analyst expectations of $159.7 billion and was the biggest quarter in sal...
Block’s Cash App Bitcoin Revenue Falls 7%
The Cash App business section of Jack Dorsey’s payment startup, Block Inc., reported Bitcoin (BTC) revenue of $1.83 billion in the fourth quarter, which is a 7% decrease from the same period las...
Coinbase Stock Takes A Knock As Revenue Falls
Join Our Telegram channel to stay up to date on breaking news coverage Coinbase (COIN) reported fourth-quarter sales earnings of $605 million. This is a 5% increase from the third quarter’s $590 milli...
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
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Block’s Cash App Bitcoin Revenue Drops 25% Year-Over-Year
Jack Dorsey’s payments company Block beat Wall Street expectations on the top line but missed on earnings. In its latest earnings report for last quarter, Block reported $1.83 billion in Bitcoin reven...
Lucid stock price down 22%, LCID disappoint in revenue estimates
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Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue
Block (formerly known as Square) – an American multinational technology conglomerate founded by Jack Dorsey – disclosed $1.83 billion of bitcoin revenue generated from its Cash App payment service in ...
Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year
9 seconds ago | 2 mins read Bitcoin News The company’s Cash App division earned $35 million in Bitcoin, down 25%. In 2022, Block’s annual gross profit was $1.66 billion, up 40% from the previous year....
Revenue for United States-based Coinbase Exchange Beats Expectations for 4th quarter
Coinbase, a cryptocurrency exchange that operates in the United States, has disclosed that its revenue for the fourth quarter of 2022 has above projections. This comes despite the fact that the exchan...
Block’s Q4 report reveals a drop in bitcoin revenue
Block Inc. exceeded the expectations of industry analysts and experienced a rise in its share price through after-hours trading. However the company’s bitcoin (BTC) revenue is falling due to the price...
Warner Bros. Discovery sinks on earnings miss, weak advertising revenue
Warner Bros. Discovery (WBD) reported disappointing quarterly results after the bell on Thursday as the company continues to grapple with increased cord cutting, more streaming competition, and a doub...
Block reports revenue, profits that top expectations amid bitcoin drag
Payments company Block (SQ) reported fourth quarter results after Thursday’s close that beat Wall Street expectations on the top line but missed on earnings. Consumer spending for the company remained...
Coinbase Reports Revenue Increase in Q4 Despite FTX Collapse
Cryptocurrency exchange Coinbase reported revenue increased slightly from the previous quarter, capping off a year that saw the exchange’s business model stymied by depressed digital asset prices. Com...
Coinbase’s Quarterly Net Revenue Surpasses Analyst Predictions
Coinbase’s quarterly net revenue exceeded analyst estimates, reaching $605 million, up 5% from the last quarter. Despite the positive revenue performance, Coinbase’s quarterly transaction volume decre...
Chip giant squeaks by Wall Street expectations, despite 46% drop in gaming revenue
Graphics card giant Nvidia (NVDA) announced its Q4 earnings after the bell on Wednesday, beating analysts’ estimates on the top and bottom line despite a 46% year-over-year decline in gaming rev...
HIVE Earnings Report is out: Quarterly Revenue is $14.3 Million
The publicly traded crypto miner Hive Blockchain (HIVE) announced its quarterly revenue earnings was $14.3 million on Tuesday. According to the report, due to the loss of Ethereum earnings from the Me...
Gaming revenue expected to plummet as data center profit rises
Graphics card giant Nvidia (NVDA) will report its Q4 earnings after the bell on Wednesday, as the chip maker continues to contend with a slowdown in the gaming market following the explosive growth th...
Coinbase Revenue Falls Short: What Happened?
Coinbase, one of the leading cryptocurrency exchanges in the world, has released its shareholder letter for the fourth quarter and full-year 2022. The company’s performance in 2022 was a mixed bag, wi...
Coinbase Beats Analyst Revenue Expectations But Stock Still Falls
America’s largest centralized crypto exchange, Coinbase, reported its fourth-quarter earnings this week. The firm has beat analyst expectations but is not out of the woods yet. On Feb. 21, Coinbase re...
CoinShares Q4 2022 Earnings Report Shows 65% Decline in Revenue
5 hours ago | 2 mins read Editors News CoinShares revealed revenue and other income of £14.5 million. The firm has announced the closure of its Consumer Platform. CoinShares CEO Jean-Marie Mognetti s...
Coinbase Updated Q4 Revenue, Transaction Volume Continues to Drop
5 hours ago | 2 mins read Editors News Coinbase reported a $557 million net loss. In the fourth quarter, the company reported 8.3 million monthly transactional users. Cryptocurrency exchange Coinbase ...