Circle beats earnings expectations but cuts 5% of workforce
The USDC issuer reported strong revenue while trimming staff, a signal of cost discipline in the stablecoin sector.
Read at CoinDesk →Full coverage · 15 outlets
- CoinDesk · lead
- Bloomberg.comCircle Lays Off 5% of Workforce as Revenue, Profit Surprises
- BenzingaCircle Internet Cuts 5% of Staff, Beats Estimates: What's Weighing on the Stock?
- Crypto BriefingCircle cuts 5% of workforce as USDC circulation climbs
- TipRanksCRCL Stock Drops as Circle Cuts 5% of Staff as Falling Interest Rates Squeeze Stablecoin Reserve Income
- FinanceFeedsCircle Q3 Revenue Rises 17% to $865 Million on a One-Off Token Presale, With a 5% Staff Cut
- bloomingbitCircle Beats Q3 Estimates, Cuts 5% of Workforce in AI Shift
- Bitcoin MagazineCircle (CRCL) Cuts About 5% Of Workforce As Q3 Revenue Hits $865M
- The CryptonomistCircle Q3 Earnings Beat Forecasts Despite Workforce Reduction
- Yahoo FinanceCircle Beats Q3 Estimates on Arc Token Sale, Cuts 5% of Staff
- ForkLogCircle Increases Revenue and Reduces Workforce
- BigGo FinanceCircle Beats Q3 Estimates on $182M ARC Token Presale as USDC Volume Jumps 49%
- Cryptonews.netCrypto's powerhouse super PAC, Fairshake, found its kryptonite
- TheStreetCircle crushes Q3 estimates as staff shrinks 5%
- scanx.tradeCircle Internet Group Q3 Results: EPS beats estimates at 84 cents