Coinbase Q2 Revenue $1.22 Billion Below Expectations, Crypto Market Slump Drags Down Trading Revenue
Source：
s27.q4cdn.com
On the cost side, the company completed a 14% workforce reduction in May, bringing quarter-end headcount down to 4,321, while full-year adjusted expense guidance was lowered to $4.2 billion to $4.45 billion. Q3 trading revenue recorded approximately $130 million as of July 26, with the outlook still suppressed by sluggish crypto asset prices.
