After its first quarterly profit in 2 years, Wall Street cheered, but skepticism lingered

Wall Street cheers Coinbase after its first quarterly profit in 2 years. Analysts are largely celebrating the crypto exchange operator’s latest results. But skepticism lingers over whether the company will continue to make a profit. It is the first time in two years that the company has made a profit in two quarters.

Wall Street cheers Coinbase after its first quarterly profit in 2 years. Analysts are largely celebrating the crypto exchange operator’s latest results. But skepticism lingers over whether the company will continue to make a profit. It is the first time in two years that the company has made a profit in two quarters.