Bakkt Holdings, Inc. (BKKT) Tops Q2 EPS by 11c
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Bakkt Reports Second Quarter 2022 Results
August 11, 2022 7:30 AM EDTQuarterly net revenue of $13.6 million, increased 60% year over year
Strong customer activity with digital asset conversion volume up 60% year over year
Available cash and other liquid assets1 of over $315 million provides significant growth capital
Updated revenue and cash usage guidance for 2022 reflects the current macroeconomic environment
Net cash use expected to decline 15-20% in 2H22 versus first half 2022 level, driven by prudent expense management
ALPHARETTA, Ga.--(BUSINESS WIRE)-- Bakkt Holdings, Inc. (Bakkt) (NYSE:... More
