19 hours ago
BitGo (BTGO) Misses Revenue Estimate by 32% Despite Profit Jump
TLDR BitGo closed Monday at $5.10, up 4.94%, then slipped 1.14% after hours to $5.04. Q3 net income rose 94% to $44.1 million, driven by a $71.5 million unrealized crypto gain. Revenue fell 51% to $2.85 billion, missing the $4.2 billion consensus by 32%. The company posted an operating loss of $19.2 million and an [...]
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