CRCL Stock Price Rallies as Circle Reports $865M in Q3 Revenue
Photo: The Coin Republic
Key Insights: Circle (CRCL) stock price closed at $75.22 on Tuesday, with a surge of over 4% Circle’s Q3 revenue and reserve income rose 17% to $865 million; ARC supplied $182 million. Average USDC circulation reached $73.3 billion; Circle kept its 40% long-term growth target. CRCL stock price closed at $75.22, up $3.14, or 4.36%. It then slipped 0.48% to $74.86 in premarket trading. Circle Internet Group released its third-quarter report on November 4. Revenue and reserve income reached $865 million, up 17% year over year. Net income from continuing operations rose 5% to $226 million.
Source: The Coin Republic
