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Circle Q2 revenue falls short of Wall Street estimates

Covered by 2 sources · 2 articles

2 outlets - including Cryptotimes and Cointelegraph - are covering this story. Circle raised full-year guidance and highlighted its federal trust-bank approval and the September 16 Arc mainnet launch.

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Circle Q2 Revenue Misses Estimates as Reserve Yield Falls
The Crypto Times News Aug 5, 12:20 UTC

Circle Q2 Revenue Misses Estimates as Reserve Yield Falls

Circle raised full-year guidance and highlighted its federal trust-bank approval and the September 16 Arc mainnet launch.

Circle Q2 revenue falls short of Wall Street estimates
Cointelegraph Aug 5, 11:48 UTC

Circle Q2 revenue falls short of Wall Street estimates

Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.