CryptoPotato·
Kraken Parent Payward Takes Revenue Hit as Q3 Adjusted EBITDA Falls 67%
6 outlets reporting
-67%
adjusted EBITDA drop
Payward recast its second-quarter adjusted revenue to $498 million, down from the $508 million it reported in August.
Also covered by 5 outlets
- Cointelegraph ↗Kraken parent Payward gains market share as slower trading weighs on earnings
- Unchained ↗Kraken Parent Payward Swaps Its Headline Metric, Reports $487 Million in Q3 Platform Margin
- Bitcoin.com News ↗Payward Pushes Into AI, Prediction Markets as EBITDA Drops 66%
- BeInCrypto ↗Kraken Parent’s Profit Rebound Still Leaves a Wide Gap Before Its IPO
- TokenPost ↗Payward Revises Q2 Adjusted Revenue Down to $498 Million
More news
- TokenPostLuxor CEO Describes Customer Hashrate Attack as AI-Assisted
- TokenPostArbitrum One Generated More Than $400,000 in Priority-Fee Revenue This Week
- Bitcoin.com NewsLuxor Confirms Bitcoin Mining Hack and Reveals AI-Enabled Attack
- TokenPostAster Drops 12.11% in One Hour to $0.493 on Binance Spot
- TokenPostHedge-Fund Leverage Fell 5% as Retail Investors Bought $1.86 Billion in Nvidia
- TokenPostAnalysts Question Tesla’s Valuation as Robotaxi and Optimus Face Hurdles