The post Snap’s Q1 Makes Its AR Glasses Bet Harder To Ignore appeared on BitcoinEthereumNews.com.
Concept of augmented reality technology being used in futuristic smart tech glasses getty Snap’s first-quarter results gave investors something they have not always had from the company: evidence of operating discipline. Revenue rose 12% year-on-year to $1.53 billion. Daily active users returned to growth, reaching 483 million. Adjusted EBITDA more than doubled to $233 million, while free cash flow climbed to $286 million. Net loss narrowed to $89 million. On the surface, this was a cleaner Snap story: stronger engagement, better margins and a more credible path toward sustained cash generation. But the more important strategic question sits outside the quarter. Snap is still asking investors to believe in Specs, its augmented reality glasses that are a bid to compete with Meta, Apple and Google for the next consumer computing surface. Evan Spiegel used the results to reaffirm Snap’s commi
The post Bullish posts $604.9 million Q1 loss as trading activity slows appeared on BitcoinEthereumNews.com.
Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Summary Bullish reported adjusted first-quarter 2026 revenue of $92.8 million, missing analyst expectations. The crypto trading platform posted a net loss of $604.9 million, or $3.85 per share. Shares of Bullish fell 7.9% in pre-market trading to $38.51 following the earnings release. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from CoinDesk, the company posted adjusted revenue of $92.8 million, below Wall Street expectations of $94.9 million. The company’s net loss widened sharply to $604.9 million, equivalent to a loss of $3.85 per share, compared with the same period a year earlier. Investors reacted negatively to the results,
Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from…
The post Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1 appeared on BitcoinEthereumNews.com.
Bitcoin Firm Nakamoto Surges In Revenue But Bleeds Cash In Q1
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Nakamoto sold 284 Bitcoin on the last day of March just to keep the lights on. That detail, tucked inside the company’s first-quarter results released Wednesday, captures where the Bitcoin treasury firm stands heading into the second half of 2026 — growing fast on paper, but still burning through cash. Related Reading: Iran’s Hidden Crypto […]
The post Ondas (ONDS) Stock Soars After Revenue Explodes Over 1,000% in Q1 2026 appeared on BitcoinEthereumNews.com.
Key Highlights Ondas delivered Q1 revenue of $50.1M, representing a 1,079% year-over-year surge and surpassing analyst estimates by $10.76M. Full-year 2026 revenue guidance was increased to a minimum of $390M from $375M, signaling approximately 670% growth. Pro forma backlog soared to $457M from $68.3M at the end of 2025, marking a 570% jump. The product division achieved adjusted EBITDA profitability in Q1, beating internal projections by six months. Cash and equivalents stand at $1.48B, providing ample resources for continued M&A activity. Ondas (ONDS) unveiled first-quarter 2026 results showing revenue of $50.1 million, representing an explosive increase from the $4.3 million reported during the same period in 2025. The performance exceeded analyst projections by $10.76 million and came in 25% higher than the top of the company’s internal forecast. $ONDS Q1 EARNINGS •
BitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.