8-KEarnings & ResultsExhibits & Filings

Coinbase Global, Inc. 8-K Report, Financial Results (Nov 2, 2023)

Filed November 2, 2023For Securities:COIN

Summary

This Coinbase Global, Inc. (COIN) 8-K filing from November 2, 2023, primarily serves as a notification that the company will hold a conference call to discuss its financial results for the third quarter ended September 30, 2023. Attached to the filing is a Shareholder Letter containing these results. Investors should note that the company will be referencing non-GAAP financial measures, and a reconciliation between GAAP and non-GAAP figures is available within the Shareholder Letter. This filing itself does not include the detailed financial results but directs stakeholders to the accompanying Shareholder Letter and upcoming conference call for comprehensive information.

Key Highlights

  • 1Coinbase (COIN) announced its Q3 2023 financial results via a Shareholder Letter filed on November 2, 2023.
  • 2A conference call will be held to discuss the Q3 2023 financial results.
  • 3The filing includes Exhibit 99.1, which is the Shareholder Letter detailing the Q3 financial performance.
  • 4Coinbase will be utilizing non-GAAP financial information in its earnings discussion.
  • 5A reconciliation of GAAP to non-GAAP financial measures is provided within the Shareholder Letter.
  • 6Investors are directed to multiple communication channels, including the SEC filings, company website, blog, and social media, for material information.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce that Coinbase will hold a conference call to discuss its financial results for the third quarter ended September 30, 2023, and to furnish the accompanying Shareholder Letter which contains these results.

The detailed Q3 2023 financial results are contained within the Shareholder Letter, which is provided as Exhibit 99.1 to this 8-K filing. Investors should also refer to the upcoming conference call for further discussion.

No, this 8-K filing does not contain the full financial statements. It primarily serves as a notification and directs investors to the furnished Shareholder Letter (Exhibit 99.1) and an upcoming conference call for the financial results and analysis.

Yes, the filing indicates that Coinbase will be making reference to non-GAAP financial information during the conference call and in the Shareholder Letter. A reconciliation between GAAP and non-GAAP results is available in the Shareholder Letter.