Crypto exchange Gemini reports Q3 revenue up 106% YoY to $50.6M, above $46.2M est., and net loss up 77% YoY to $159.5M, below est.; GEMI drops 5%+
To Our Shareholders At Gemini, we are building the trusted bridge to the future of money. Diya Poddar / Bitcoin Insider : Gemini posts wider-than-expected loss in first post-IPO report Trader Edge / Blockonomi : Gemini (GEMI) Stock Hits Record Low Despite Revenue Doubling in First Public Earnings Trisha Husada / crypto.news : Gemini crypto exchange Q3 revenue soars 52%, but why are shares still falling? Blockhead : Gemini Reports Strong Q3 Growth Despite Losses, Stock Falls on Profitability Concerns Francisco Rodrigues / CoinDesk : Gemini Slumps After Missing Earnings Estimates in First Report Since IPO Jesse Coghlan / Cointelegraph : Gemini bets on ‘super app’ as stock sinks to record low on Q3 results Kamina Bashir / BeInCrypto : Gemini Shares Slip After First Earnings Report Since Nasdaq Debut Sujha Sundararajan / Cryptonews : Gemini Crypto Exchange Q3 Revenue Jumps 52% Despite Share Slump Godfrey Benjamin / The Coin Republic : Top Crypto Stocks to Watch This Week as Bitcoin and Altcoins Recover Associated Press : Gemini: Q3 Earnings Snapshot