Base

Cryptocurrency exchange Coinbase saw its shares jump 8.44% to $298.11 on Thursday, Feb. 13, after reporting its strongest quarterly revenue in three years.
According to its Q4 2024 earnings report, Coinbase generated $2.3 billion in revenue, a 138% increase from 2023, beating the $1.88 billion estimate from LSEG analysts. Net income hit $1.3 billion, while earnings per share came in at $4.68, surpassing both the $2.11 forecast by FactSet and the $1.81 expected by LSEG.
The exchange says its growth was due to rising trading activity and a shift in the regulatory landscape.