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

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed November 2, 2023
Period End
November 2, 2023
Security
COIN
In the record · 2021–202610-K510-Q178-K70

COIN filed 5 annual reports (10-K), 17 quarterly reports (10-Q) and 70 current reports (8-K) between 2021 and 2026.

  1. Material agreement8-K · Sep ’21Sep ’21
  2. Restructuring8-K · Jan ’23Jan ’23
  3. Leadership change8-K · Jul ’24Jul ’24
  4. Leadership change8-K · Oct ’26Oct ’26

Summary

Summary of the 8-K filed November 2, 2023. Cited figures are marked; the original filing is the authoritative source.

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

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

Frequently Asked Questions

  1. What is the main purpose of this 8-K filing?

    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.

  2. Where can I find the detailed Q3 2023 financial results for Coinbase?

    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.

  3. Does this filing contain the actual Q3 financial statements?

    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.

  4. Will Coinbase be discussing non-GAAP financial measures?

    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.