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A comment on Today I've made the difficult decision to reduce the size of Coinbase by ~14%. Parent comment

Re:Today I've made the difficult decision to reduce the size... by tverbeure on Tuesday May 05, 2026 @10:12PM (#48031324)
I see $667M loss numbers in the press, but I also see a positive P/E ratio? How does that work?

Edit: it’s because the loss is an accounting loss due to mark to market adjustment, while the company is operationally profitable.

I assume that’s still no great, but not nearly as dire as the reported loss suggests, and not a sign of a dying company.

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Re:Today I've made the difficult decision to reduce the size... by simpsond on Tuesday May 05, 2026 @10:33PM (#48031448)
P/E ratios are usually based on last 12 months, so E = sum of EPS over last 4 quarters.
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