Coinbase's total revenue in the first quarter of $2.03 billion fell short of expectations."
According to online reports, Coinbase's total revenue in the first quarter was US$2.03 billion, and analysts expected US$2.11 billion; adjusted EBITDA in the first quarter was US$929.9 million, and analysts expected US$971.1 million; transaction revenue in the first quarter was US$1.3 billion, and analysts expected US$1.33 billion; subscription and service revenue in the first quarter was US$698 million, and analysts expected US$702.5 million; subscription and service revenue in the second quarter is expected to be US$600 million to US$680 million.
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