04:48 PM EDT, 08/01/2024 (MT Newswires) -- Coinbase Global ( COIN ) reported Q2 earnings late Thursday of $0.14 per diluted share, compared with a loss of $0.42 a year earlier.

Analysts polled by Capital IQ expected earnings of $0.87.

Revenue for the quarter that ended June 30 was $1.45 billion, up from $707.9 million a year earlier.

Analysts surveyed by Capital IQ expected $1.36 billion.

Shares of the company traded nearly 2% higher in after-hours activity.

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