MARA, DeFi Development, and Gemini will release their Q3 earnings reports this week.
MARA, DeFi Development, and Gemini will release their Q3 earnings reports this week. The total market capitalization of the crypto market rose 40.86% during the quarter, but since September 30th, the share prices of all three companies have fallen by at least 37%. MARA is scheduled to release its earnings report after the US stock market closes on November 9. Analysts expect it to report a loss of $0.33 per share and revenue of $176 million. The company reported a net loss of $611 million in the second quarter and held 35,600 BTC as of June 30. DeFi Development is scheduled to release its financial report on November 12 at 21:00 (UTC+8). As of October 30, it held 2.6009 million SOL and equivalents, and its CHAD preferred stock annual dividend yield was increased from 13% to 14%. Gemini is scheduled to release its earnings report after the US stock market closes on November 12. Analysts expect it to report a loss of $0.58 per share and revenue of $44.38 million. Its second-quarter trading volume fell to $3.8 billion from $11.3 billion in the same period last year, and exchange revenue dropped 38% to $12.5 million.