Gemini shares surge 6% after hours on Q4 earnings

Gemini shares surge 6% after hours on Q4 earnings

Gemini shares surge 6% after hours on Q4 earnings

Gemini reported its fourth quarter revenues were $60.3 million, which co-founders Cameron and Tyler Winklevoss say is its highest quarterly revenue in three years.

Shares in crypto exchange Gemini surged after hours as stronger-than-expected fourth-quarter results showed revenue growth driven by credit card adoption and a reworked fee structure.

Gemini reported on Thursday that its Q4 revenues rose 39% from the year-ago quarter to $60.3 million, reportedly beating analyst expectations of $51.7 million.

It reported a net loss of $140.8 million for Q4, deepening from its $27 million loss from a year ago. Gemini posted a total 2025 loss of $585 million, ahead of its total 2024 losses of $156.6 million.

Read more

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

If you want to read more News articles, you can visit our General category.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *