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Gemini Stock Drops After Q2 Results Show $107M Net Loss, 37% Revenue Growth

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Gemini grew revenue 37% and cut operating expenses for a third straight quarter, but a $16.1 million fraud-related provision on its credit card portfolio widened its net loss and pressured shares after the report.

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Gemini Stock Drops After Q2 Results Show $107M Net Loss, 37% Revenue Growth
The Crypto Times News 2h ago

Gemini Stock Drops After Q2 Results Show $107M Net Loss, 37% Revenue Growth

Gemini grew revenue 37% and cut operating expenses for a third straight quarter, but a $16.1 million fraud-related provision on its credit card portfolio widened its net loss and pressured shares after the report.