#circleq3revenue865m 🚨 CIRCLE BEATS Q3 REVENUE ESTIMATES — BUT THERE'S A CATCH! 📊
Circle reported $865M in Q3 revenue, beating analyst expectations of approximately $790M. Sounds impressive, right? But the details tell a different story.
Here's what investors need to know:
🔹 Q3 Revenue: $865M vs. ~$790M expected
🔹 ARC Presale: $182M in one-time revenue
🔹 Revenue excluding ARC: Approximately $683M
🔹 USDC Circulation: $73.9B
🔹 Net Income: $226M, up 5%
🔹 On-chain Volume: $13.9T, up 49%
⚠️ THE BIG CATCH:
Remove the $182M ARC presale contribution, and Circle's revenue falls to approximately $683M.
That's around 8% lower than the $740M reported in Q3 last year.
Meanwhile, USDC activity is growing significantly, but reserve income — Circle's major revenue source — is facing pressure.
🔥 THE BIG QUESTION:
Can Circle maintain strong growth without one-time token presale revenue?
Q4 could reveal whether this revenue beat reflects sustainable business growth or just a temporary boost.
💬 What do you think? Is Circle's growth genuinely strong, or is the ARC presale making the numbers look better?
#Circle #USDC #CryptoNews #ARC
Source: Circle's Q3 report. Figures and comparisons are based on the reported results and calculations above. Not financial advice.
CLICK TO BELOW TARDE👇
$USDC $ARC $arc
Circle reported $865M in Q3 revenue, beating analyst expectations of approximately $790M. Sounds impressive, right? But the details tell a different story.
Here's what investors need to know:
🔹 Q3 Revenue: $865M vs. ~$790M expected
🔹 ARC Presale: $182M in one-time revenue
🔹 Revenue excluding ARC: Approximately $683M
🔹 USDC Circulation: $73.9B
🔹 Net Income: $226M, up 5%
🔹 On-chain Volume: $13.9T, up 49%
⚠️ THE BIG CATCH:
Remove the $182M ARC presale contribution, and Circle's revenue falls to approximately $683M.
That's around 8% lower than the $740M reported in Q3 last year.
Meanwhile, USDC activity is growing significantly, but reserve income — Circle's major revenue source — is facing pressure.
🔥 THE BIG QUESTION:
Can Circle maintain strong growth without one-time token presale revenue?
Q4 could reveal whether this revenue beat reflects sustainable business growth or just a temporary boost.
💬 What do you think? Is Circle's growth genuinely strong, or is the ARC presale making the numbers look better?
#Circle #USDC #CryptoNews #ARC
Source: Circle's Q3 report. Figures and comparisons are based on the reported results and calculations above. Not financial advice.
CLICK TO BELOW TARDE👇
$USDC $ARC $arc
