First-quarter results missed estimates due to lower transaction revenue amid declining digital asset prices. Coinbase Global Inc. posted a first-quarter net loss after crypto trading volumes fell sharply. Revenue of $1.16 billion undershot analyst forecasts, reflecting wea
The synthetic biology firm reported a narrower Q2 GAAP loss but missed revenue forecasts by $23.49M. Ginkgo Bioworks Holdings reported a Q2 GAAP loss of $1.28 per share, beating expectations by $0.06. Revenue reached $19.47M, falling short of estimates by $23.49M. A
The offering could increase float and pressure shares as a major holder reduces its stake in the company. A V2X shareholder is selling 2 million shares in a secondary offering, aiming to raise capital by reducing its position. The move follows recent trading activity and m
The gaming peripherals maker reported a wider-than-expected GAAP loss and lower revenue in its latest quarterly results. Turtle Beach posted a GAAP earnings per share loss of $0.78, missing estimates by $0.34. Revenue reached $42.2M, falling short of expectations by $4.67M
Inseego reports a narrower Q2 non-GAAP loss of $0.06 per share but misses revenue expectations by $0.23M. Inseego announced a non-GAAP loss of $0.06 per share for the quarter, beating expectations by $0.06. Revenue reached $34.3M, falling short of estimates by $0.23M.
Datadog stock rises 31% after earnings report Datadog's strong earnings results have led to a significant increase in the company's stock price, with shares rising 31%. The earnings report has also had a positive impact on other cloud infrastructure companies, with sh
CoreWeave has been raising billions of dollars in debt to finance its data center buildout as it serves the leading AI companies.
An insider sale of $96,200 in stock by a Liquidity Services executive may signal potential shifts in investor sentiment. Liquidity Services Executive Vice President John Daunt sold $96,200 in company stock, according to a recent filing. The transaction involved a disposal
$COIN Coinbase Q1 Earnings Total Revenue $1.40B, est. $1.49B Transaction Revenue $756M, est. $785.9M Subscription & Services Revenue $584M, est. $625.3M Sees Q2 Subscription & Services Revenue $565M–$645M Sees Q2 restructuring expense ~$50M–$60M Expects FY adjusted expenses to...
The major US stock indices are closing lower today. The S&P and NASDAQ indices closed higher two straight days and closed at record levels as well Although the S&P and NASDAQ indices both made new all-time intraday highs at 7385.02 and 26036.38 respectively, the gai
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