BitGo Returns to Profit on Crypto Gains as Revenue Halves
Platform clients rose 33.1% year over year, but revenue after direct costs fell 32.1%.
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Revenue
The total money a company earns from selling goods or services before any costs are subtracted.
Revenue growth shows demand for a company's products; profit shows whether it earns money from them.
More about RevenueCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Business
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