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Circle shares fall as revenue miss overshadows quarterly profit beat

Circle shares fall as revenue miss overshadows quarterly profit beat

By Pritam Biswas and Atharva Singh Aug 5 (Reuters) - Stablecoin issuer Circle beat Wall Street estimates for second-quarter profit on Wednesday, driven by increased adoption of its USDC token, but a miss on revenue expectations dragged its shares down nearly 4% in early trading.
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Circle's Revenue Falls Short Amidst Cryptocurrency Market Downturn

Circle's Revenue Falls Short Amidst Cryptocurrency Market Downturn

Circle's Revenue Falls Short Amidst Cryptocurrency Market Downturn
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Circle Internet Group Reports Strong Q2 2026 Financial Results Amidst Growing USDC Circulation

Circle Internet Group Reports Strong Q2 2026 Financial Results Amidst Growing USDC Circulation

Circle Internet Group Reports Strong Q2 2026 Financial Results Amidst Growing USDC Circulation
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Circle Partners with BlackRock and Visa to Launch Arc Blockchain Network

Circle Partners with BlackRock and Visa to Launch Arc Blockchain Network

Circle Partners with BlackRock and Visa to Launch Arc Blockchain Network
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Circle Internet Group Reports Strong Q2 2026 Results with Significant Growth in USDC Circulation

Circle Internet Group Reports Strong Q2 2026 Results with Significant Growth in USDC Circulation

Circle Internet Group Reports Strong Q2 2026 Results with Significant Growth in USDC Circulation
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Circle Unveils Founding Validator Cohort and Arc Integrations for Blockchain Network

Circle Unveils Founding Validator Cohort and Arc Integrations for Blockchain Network

Circle Unveils Founding Validator Cohort and Arc Integrations for Blockchain Network
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Broadridge Financial Solutions Reports Strong Fiscal Year 2026 Results

Broadridge Financial Solutions Reports Strong Fiscal Year 2026 Results

Broadridge Financial Solutions Reports Strong Fiscal Year 2026 Results
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Stablecoin Market Faces Fragmentation as Tech Giants and Startups Compete

Stablecoin Market Faces Fragmentation as Tech Giants and Startups Compete

Stablecoin Market Faces Fragmentation as Tech Giants and Startups Compete
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Stablecoin Supply Declines by $14 Billion Amid New U.S. Regulations

Stablecoin Supply Declines by $14 Billion Amid New U.S. Regulations

Stablecoin Supply Declines by $14 Billion Amid New U.S. Regulations
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Analysts Divided on Circle Internet Group's Market Prospects

Analysts Divided on Circle Internet Group's Market Prospects

Analysts Divided on Circle Internet Group's Market Prospects
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Circle Acquires 1,000 IBM Blockchain Patents, Raising Concerns Over Potential Litigation

Circle Acquires 1,000 IBM Blockchain Patents, Raising Concerns Over Potential Litigation

Circle Acquires 1,000 IBM Blockchain Patents, Raising Concerns Over Potential Litigation
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BlackRock Expands Blockchain-Based Money Market Offerings

BlackRock Expands Blockchain-Based Money Market Offerings

BlackRock Expands Blockchain-Based Money Market Offerings