Bakkt Holdings, Inc. (BKKT) Tops Q1 EPS by 1c, Misses on Revenue
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Bakkt Reports First Quarter 2023 Results
May 11, 2023 7:30 AM EDTQuarterly net revenues of $13.0 million, increased 4% year-over-year
Operating expenses of $58.4 million, declined 4% year-over-year; includes $4.3 million of restructuring expenses
Acquisition of Apex Crypto closed on April 1, 2023, bringing ~5.8 million crypto-enabled accounts to Bakkt
Outlook for Apex Crypto includes full year 2023 gross revenues of ~$1,874 million - $2,384 million and crypto costs and execution, clearing and brokerage fees of ~$1,868 million $2,376 million
ALPHARETTA, Ga.--(BUSINESS WIRE)-- Bakkt Holdings, Inc. (Bakkt) (NYSE: BKKT) announced its financial and operational results for... More
