Circle reports $865M Q3 revenue and reserve income, cuts 5% of workforce
Stablecoin economics remained strong enough to beat expectations while the company trimmed costs.
Read at The Block →Full coverage · 15 outlets
- The Block · lead
- CoinDeskCircle beats earnings expectations on strong revenue, but cuts 5% of its workforce
- Yahoo Finance UKCircle Internet Group (CRCL) latest stock news and headlines
- Barron'sCircle’s Earnings Show Stablecoins Have Arrived. A Crypto Payoff Could Take Longer.
- Yahoo FinanceCircle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?
- The InformationStablecoin Issuer Circle Cuts 5% Jobs
- American BankerCircle's revenue boosted by Arc token presale
- FinanceFeedsCircle Q3 Revenue Rises 17% to $865 Million on a One-Off Token Presale, With a 5% Staff Cut
- Crypto BriefingCircle cuts 5% of workforce as USDC circulation climbs
- Bloomberg.comCircle Lays Off 5% of Workforce as Revenue, Profit Surprises
- TipRanksCRCL Stock Drops as Circle Cuts 5% of Staff as Falling Interest Rates Squeeze Stablecoin Reserve Income
- TheStreetCircle crushes Q3 estimates as staff shrinks 5%
- Bitcoin MagazineCircle (CRCL) Cuts About 5% Of Workforce As Q3 Revenue Hits $865M
- CoinGapeBreaking: USDC Issuer Circle Reveals $865M Q3 Revenue, But Lays Off 5% Staff
- PluangCircle reports $865M Q3 revenue, boosted by ARC token presale and USDC growth despite reserve income dip