Circle first announced its quarterly report. Analysts expect a loss but are optimistic about the outlook.

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[Coin World] According to reports, stablecoin issuer Circle will release its quarterly performance report for the first time after going public on Tuesday. Wall Street expects the company to report a loss, with the market generally anticipating an adjusted loss per share of $0.08 and revenue of $647 million. Analysts point out that the income Circle generates from managing stablecoin-related reserves has risen from $735.9 million in 2022 to $1.4 billion in 2023, and further to $1.7 billion in 2024, accounting for 95.3%, 98.6%, and 99.1% of its total recurring business revenue, respectively. Circle will also allocate part of its earnings with a certain trading platform. Wall Street analysts currently give Circle's stock 9 "buy" ratings, 5 "hold" ratings, and 4 "sell" ratings.

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PermabullPetevip
· 08-14 02:20
Just lose a little, buy it.
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DegenGamblervip
· 08-12 23:22
play people for suckers and then Rug Pull
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Web3Educatorvip
· 08-12 06:28
bearish on circle tbh... revenue growth looks sketchy af
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PretendingSeriousvip
· 08-12 06:25
OMG I can't understand the report.
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CountdownToBrokevip
· 08-12 06:17
It’s fine to lose; anyway, I’m worse off.
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SchrodingerWalletvip
· 08-12 06:04
Winning is the only truth.
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