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Circle Internet Group Misses Revenue Estimates Amid Crypto Market Downturn
Circle Internet Group, Inc. reported GAAP EPS of $0.18, beating estimates, but its revenue of $701.32 million missed projections. The company's revenue shortfall is attributed to the ongoing rout in cryptocurrency markets.
5 Aug, 10:10 — 5 Aug, 10:12
The Story
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Source Diversity
Source Diversity
Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
Far L
Left
Center1
Center (1)
bloomberg
Right1
Right (1)
seeking-alpha
Far R
Geographic diversity— 1 region4/34
US2
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ℹOnly 2 sources cover this story
Sources
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bloombergHigh9h ago
Circle Revenue Misses Estimates as Crypto Markets Mired in Rout
Circle Internet Group Inc. reported second-quarter revenue that missed Wall Street expectations after circulation of its stablecoin USDC fell from a peak amid a protracted slide in cryptocurrency markets.
By Olga Kharif
Read full article →seeking-alphaMixed9h ago
Circle Internet Group, Inc. GAAP EPS of $0.18 beats by $0.02, revenue of $701.32M misses by $12M
Read full article →Coverage Timeline
First report: bloomberg · 5 Aug, 10:10|Full coverage: 2 · 1m|Window: 1m
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