Circle Beats Earnings and Revenue Estimates as USDC Transaction Volume Soars
Key Highlights: Circle reported third-quarter net income from continuing operations of $226 million, marking a 5% increase year-over-year. Adjusted earnings per share reached 84 cents, surging 127% past Wall Street forecasts, while revenue climbed past expectations to $778 million. The firm incurred a $9.1 million restructuring charge tied to a 5% workforce reduction aimed at ...