Bakkt Holdings, Inc. (BKKT) Reports Q3 Loss of $0.19/sh
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Bakkt Reports Third Quarter 2023 Results
November 14, 2023 7:30 AM ESTGross crypto services revenues of $191.8 million and associated crypto costs and execution, clearing and brokerage fees of $190.1 million
Total revenues of $204.8 million include gross crypto revenues and net loyalty revenues
Total operating expenses of $257.6 million includes crypto costs and execution, clearing and brokerage fees and goodwill and intangible assets impairments. Excluding crypto costs and execution, clearing and brokerage fees and goodwill and intangible assets impairments, expenses were $44.2 million down 26% year-over-year
Expansion of crypto capabilities in nine new international markets expected to be active by... More

