Coinbase posts steep first-quarter loss after slide in crypto prices

Coinbase posted lower-than-expected results for the first quarter as crypto prices fell, weighing on one of the companies' major revenue drivers — spot trading in digital assets . Here's how Coinbase performed in its quarter ended March 31, compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $1.49 loss vs. 27 cent profit (estimated) Revenue: $1.41 billion vs. …