Circle is about to release its first earnings report after its IPO, and Wall Street expects revenue of $647 million
2025-08-12 05:27:30
According to Yahoo Finance, stablecoin issuer Circle will report its first post-IPO quarterly results on Tuesday. Wall Street expects the company to make a loss. The market generally expects it to lose $0.08 per share after adjustment, and the revenue will be $647 million. The analysis pointed out that CIrcle's revenue from managing stablecoin-related reserves will increase from $735.90 million in 2022 to $1.40 billion in 2023 and then to $1.70 billion in 2024, accounting for 95.3%, 98.6% and 99.1% of its total recurring business revenue, respectively. Circle will also divide some of the proceeds with Coinbase. It is reported that Wall Street analysts currently give Circle's stock nine "buy" ratings, five "hold" ratings and four "sell" ratings.
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