Earnings
Kindly MD Delays Earnings Report Filing as Merger Losses Mount; Shares Drop
Complex post-merger accounting prompts a late filing while losses mount and the shares slip further.
Trump Family-Linked American Bitcoin Posts Q3 Profit, Doubles Revenue
The shares slumped more than 13% in pre-market trading as the price of bitcoin tumbled.
Circle Q3 Profit Triples, Beating Estimates, on USDC Growth
The shares slid in anticipation of lower U.S. interest rates, which would reduce revenue from reserve assets held to back the second-largest stablecoin.
Bitdeer Fell 20% on Wider-Than-Estimated Net Loss, ASIC Chip Delay
The bitcoin miner and equipment maker beat revenue estimates but posted a deeper-than-expected loss and announced an ASIC delay amid uncertain AI rollout.
Gemini Slumps After Missing Earnings Estimates in First Report Since IPO
Despite revenue doubling to $50.6 million, Gemini posted a $159.5 million net loss due to high marketing and IPO-related costs.
EToro Third-Quarter Results Top Estimates on Crypto Trading Strength, KBW Says
The trading platform’s adjusted Ebitda beat expectations as higher crypto trading and net interest income offset weaker equities and commodities results.
Bitcoin Miner IREN Posts Record First-Quarter Earnings, Looks to Growth in AI
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing position.
Robinhood’s Crypto Revenue Miss Tempers Solid Quarter: JPMorgan
The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.
Robinhood’s Crypto Trading Revenue Soared 339% in Q3 as Company Tops Street Earnings Estimates
The brokerage platform saw a record $80B in crypto trading volume; shares dipped in after hours action despite the earnings beat.
Wall Street Divided on Coinbase’s Path Forward After Q3 Earnings Beat
Transaction revenue hit $1.05 billion, but price targets range from $266 to $510 as Wall Street debates whether growth can outpace rising costs.
