Circle Internet reports Q2 EPS ($4.48) vs. $0.00 last year

Reports Q2 revenue $658.08M, consensus $644.72M. “I’m proud of Circle’s performance in the second quarter, our first as a public company, where we demonstrated sustained growth and adoption of our platform across a multitude of use cases and with a diverse set of industry-defining partners,” said Jeremy Allaire, Co-Founder, Chief Executive Officer and Chairman at Circle. “Circle’s successful IPO in June marked a pivotal moment-not just for our company, but for the broader adoption of stablecoins and the growth of the new internet financial system. This is an extraordinary moment for our company and industry, and we are seeing accelerating interest in building on stablecoins and partnering with Circle across every significant sector of the financial industry, with major internet companies and commercial engagement all around the world.”