Coinbase: Booming Business Regardless If You're Invested In Crypto

Coinbase missed on both the top and bottom line but their Q1 results were impressive as they generated $3.05 in EPS and $1.8 billion in revenue.Coinbase has become a printing press for profits as Coinbase generated $771.46 million in net income resulting in a 42.83% net income margin in Q1 2021.Coinbase has seen its shares drastically reduced from its previous highs of $429.54 creating an investment opportunity.By adding popular large scale cryptocurrencies, Coinbase has the potential to increase its revenue through additional transactions and expand its user base.