coindesk
Gemini Slumps After Missing Earnings Estimates in First Report Since IPO
TL;DR
Gemini's revenue doubled to $50.6 million, but the company reported a $159.5 million net loss, attributed to high marketing and IPO-related costs in its first earnings report post-IPO.
Summary
Gemini's revenue doubled to $50.6 million, but the company reported a $159.5 million net loss, attributed to high marketing and IPO-related costs in its first earnings report post-IPO.
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