Coinbase's total revenue in the first quarter was $2.03 billion, lower than analysts' expectations

Odaily Planet Daily reported that Coinbase's total revenue in the first quarter was US$2.03 billion, while analysts expected US$2.11 billion; adjusted EBITDA in the first quarter was US$929.9 million, while analysts expected US$971.1 million; trading revenue in the first quarter was US$1.3 billion, while analysts expected US$1.33 billion; subscription and service revenue in the first quarter was US$698 million, while analysts expected US$702.5 million; subscription and service revenue in the second quarter is expected to be US$600 million to US$680 million.