Bakkt’s Q3 revenue surges 27%, net loss still ~$21.6 M after restructuring charge in crypto pivot

Bakkt reported Q3 revenue of $402. 2 million, rising from $316. 3 million in the same quarter last year, while also recording a net loss of about $21. 6 million due to a $37. 2 million non-cash charge tied to changes in the value of warrant liabilities linked to a direct offering. The number missed expectations and the stock […] source: https://www.cryptopolitan.com/bakkts-q3-revenue-surges-27/