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Circle Beats Q3 Revenue Estimates With $864.9 Million

Original: Earnings Flash (CRCL) Circle Internet Group, Inc. Reports Q3 Revenue $864.9M, vs. FactSet Est of $784.2M

Circle Internet Group, the issuer of the USDC stablecoin, reported third-quarter revenue of $864.9 million, well above the FactSet consensus estimate of $784.2 million. The beat is drawing attention from investors tracking the company's stock, which trades under the ticker CRCL, as it signals stronger-than-expected demand in the stablecoin payments business.

Why now: Circle just posted a large revenue beat against analyst expectations, a notable surprise for investors in a closely watched fintech stock.

Circle Internet GroupUSDCFactSetCRCL

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