Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Seeking Alpha 2023-03-09 21:29:43

Bakkt Holdings reports Q4 results, sees FY 2023 revenue below consensus

Bakkt Holdings press release ( NYSE: BKKT ): Q4 GAAP EPS of -$1.24. Revenue of $15.6M (+13.9% Y/Y) misses by $0.37M . Q4 digital asset conversion volume up 19% Y/Y. Q4 transacting accounts of approximately 958K, increased 11% Y/Y. FY 2023 outlook includes net revenues of $62 million - $72 million. The consensus FY 2023 revenue estimate is $78.86M.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.