Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?

By CryptoNews - 8 months ago - Reading Time: 1 minutes

Exodus Records Solid Q2 with $12.4 Million Revenue – Crypto Wallets Making a Comeback?

Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday.
Despite the revenue dip, Exodus achieved a net income of $1.9 million, a significant outcome that was influenced by cost reductions of 6% year-over-year.
Exodus attributed a significant portion of its total revenue to its exchange aggregation business, accounting for $11.6 million during the quarter....
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Original source: CryptoNews