Kraken reports $648M in Q3 revenue, up 114% year-over-year and 50% from Q2
Kraken reported $648 million in Q3 revenue, up 114% year-over-year and 50% quarter-over-quarter, according to the company's earnings report released on Wednesday after the bell. Adjusted EBITDA hit $178.6 million, up 124% from last quarter, with margins rising to 27.6%. That's a 9-point jump. Kraken said it achieved this while keeping costs tight and still [...]