BitGo Q1 Net Loss Narrows, Revenue Rises

MT Newswires Live

05/14

BitGo (BTGO) reported a Q1 net loss late Wednesday of $0.62 per share, narrowing from a loss of $0.69 a year earlier.

Analysts polled by FactSet expected a loss of $0.16.

Revenue for the three months ended March 31 was $3.77 billion, up from $1.77 billion a year earlier.

Shares of BitGo were down more than 1% in after-hours trading.

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