$CRCL reported Q2 earnings before the bell:
EPS: expected $0.16, reported $0.18
Beat: +12.50%
Revenue: expected $713.32M, reported $701.32M
Miss: -1.68%
Highlights from the report:
• USDC in circulation of $73.3B at quarter end, +19% YoY
• USDC onchain transaction volume of $14.8T, +151% YoY
• Total revenue and reserve income of $701M, +7% YoY
• Reserve income $667.7M; other revenue $33.6M, +41% YoY
• Net income from continuing operations of $48M
• Adjusted EBITDA of $143M, +8% YoY
$CRCL reports earnings before the bell tomorrow:
Earnings per share est.: $0.16
Revenue est.: $713.32M
Earnings can move markets — be ready to trade $CRCL in either direction with 2x daily ETFs from T-REX.
$CCUP – 2x Daily Long
$CRCD – 2x Daily Inverse
Fund details: