Coinbase 第一季度收益出色，超出预期

Coinbase Global 公布第一季度收益，总收入 16.4 亿美元，超出分析师预期。受交易收入 10.8 亿美元以及订阅和服务收入 5.11 亿美元的推动，净收入增长 72%，达到 16 亿美元，超出了之前的指引。比特币和以太坊在交易量和交易收入中占据了很大一部分，而 Layer 2 平台 Base 的开发者活动增加了 8 倍，从而增加了交易量。

Coinbase Reports Stellar First-Quarter Earnings, Exceeding Expectations

Coinbase 报告第一季度盈利出色，超出预期

Coinbase Global (COIN), the prominent cryptocurrency exchange platform, released its first-quarter financial results after the market closed on Thursday, April 28th. The company's performance surpassed analyst estimates and highlighted significant growth in its business operations.

著名的加密货币交易平台 Coinbase Global (COIN) 在 4 月 28 日星期四收盘后发布了第一季度财务业绩。该公司的业绩超出了分析师的预期，凸显了其业务运营的显着增长。

Key Highlights:

主要亮点：

• Total Revenue: $1.64 billion, surpassing market consensus estimates of $1.34 billion.
• GAAP Earnings Per Share (EPS): $4.40
• Net Revenue: $1.6 billion, a 72% increase from the previous quarter.
• Transaction Revenue: $1.08 billion, with consumer transactions accounting for $935.2 million and institutional transactions contributing $85.4 million.
• Institutional Activity: Coinbase witnessed record highs in institutional trading volume and the number of active accounts.
• Net Income: $1.2 billion, incorporating $737 million in pretax gains from crypto asset market adjustments.
• Subscription and Services Revenue: $511 million, outperforming the company's earlier projections.
• Bitcoin and Ethereum Volume: Bitcoin accounted for 33% of trading volume and 30% of transaction revenue, while Ethereum represented 13% of trading volume and 15% of transaction revenue.
• Layer 2 Platform Advancement: Coinbase highlighted the progress of its Layer 2 platform, Base, which experienced an eightfold increase in developer activity and processed more transactions than any other Layer 2 solution in the preceding 30 days.

Future Outlook:

总收入：16.4亿美元，超过市场普遍预期的13.4亿美元。 GAAP每股收益（EPS）：4.40美元净收入：16亿美元，比上一季度增长72%。 交易收入：10.8亿美元，其中消费者交易占935.2美元机构交易贡献了 8540 万美元。机构活动：Coinbase 的机构交易量和活跃账户数量创下历史新高。净利润：12 亿美元，其中包括加密资产市场调整带来的 7.37 亿美元税前收益。订阅和服务收入：511 美元比特币和以太坊交易量：比特币占交易量的 33% 和交易收入的 30%，而以太坊占交易量的 13% 和交易收入的 15%。 第二层平台进步：Coinbase 强调其第 2 层平台 Base 的进展，在过去 30 天内，该平台的开发人员活动增加了八倍，处理的交易量比任何其他第 2 层解决方案都要多。未来展望：

Looking ahead, Coinbase anticipates second-quarter subscription and services revenue to fall within a range of $525 million to $600 million. Additionally, the company reported $300 million in transaction revenue for the month of April.

展望未来，Coinbase 预计第二季度订阅和服务收入将下降在 5.25 亿美元至 6 亿美元之间。此外，该公司报告 4 月份的交易收入为 3 亿美元。

Market Reaction:

市场反应：

Despite the strong financial performance, Coinbase shares declined by 3.25% to $221.42 in after-hours trading following a gain of 8.93% in the regular trading session. The market's reaction suggests some uncertainty or cautious optimism among investors.

尽管财务表现强劲，但 Coinbase 股价在常规交易时段上涨 8.93% 后，在盘后交易中下跌 3.25% 至 221.42 美元。市场的反应表明投资者存在一些不确定性或谨慎乐观。

Conclusion:

结论：

Coinbase's first-quarter results demonstrate the company's robust growth and resilience in the volatile crypto market. The company's expansion into new revenue streams, such as subscription and services, and its ongoing advancements in digital asset technology position it for continued success in the evolving cryptocurrency landscape.

Coinbase 第一季度业绩证明了该公司在动荡的加密货币市场中的强劲增长和弹性。该公司向订阅和服务等新收入来源的扩张，以及数字资产技术的不断进步，使其能够在不断发展的加密货币领域继续取得成功。