Gemini Space Station Q3 Earnings Call Highlights
11 Articles
11 Articles
Gemini Space Station Q3 Earnings Call Highlights
Gemini Space Station (NASDAQ:GEMI) reported lower third-quarter revenue as weaker retail trading and fewer large over-the-counter transactions offset stronger institutional exchange activity, even as the company reduced operating expenses for a third consecutive quarter. Total revenue fell 19% from
Gemini Q3 Revenue Falls 19% as Trading Volume Plunges 73%
Gemini Space Station reported a 19% decline in third-quarter revenue as cryptocurrency trading activity fell sharply, although lower operating expenses helped the exchange narrow its net loss to $58.6 million from $159.5 million a year earlier.The Winklevoss-founded company generated $40.9 million in revenue for the quarter ended September 30, 2026, compared with $50.6 million a year earlier and $45.5 million in the second quarter. Trading volum…
Gemini Space Station (GEMI) narrowed its third-quarter net loss by 63 percent to $58.6 million; revenue fell by 19 percent while transaction volume declined by 73 percent.
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