Wednesday, August 13, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > Circle posts 53% jump in profit in first release since IPO

Circle posts 53% jump in profit in first release since IPO

in News
Circle posts 53% jump in profit in first release since IPO
Share on LinkedinShare on WhatsApp

Today, Circle’s stock rose over 7% in premarket trading after the stablecoin issuer posted impressive quarterly results since going public on June 5.

Despite posting a loss per share of $4.48 due to charges related to the stablecoin issuer’s IPO, Circle reported a 53% increase in revenue, driven by strong growth in stablecoins. Revenue increased to $658.1 million from $430 million in the same period last year.

The company provided guidance for the remainder of 2025, estimating other revenue to be between $75 million and $85 million, with adjusted operating expenses ranging from $475 million to $490 million.

Additionally, Circle expects the circulation of USDC to increase at a 40% compound annual growth rate throughout the cycle.

Circle’s Co-Founder, Chief Executive Officer and Chairman, Jeremy Allaire, told investors:

“I’m proud of Circle’s performance in the second quarter, our first as a public company, where we demonstrated sustained growth and adoption of our platform across a multitude of use cases and with a diverse set of industry-defining partners. Circle’s successful IPO in June marked a pivotal moment—not just for our company, but for the broader adoption of stablecoins and the growth of the new internet financial system.”

“This is an extraordinary moment for our company and industry, and we are seeing accelerating interest in building on stablecoins and partnering with Circle across every significant sector of the financial industry, with major internet companies and commercial engagement all around the world.”

During an interview after Circle’s financial report, Allaire stated, “The validation that we’ve seen in Circle, and the sentiment around circle is really about people understanding that the internet is colliding with the financial system. Just like open internet, software, networks and utilities changed media, communications, retail and education, it’s happening in the financial system and stablecoin money and blockchains are foundational to that future.”

Since Circle went public, its stock has increased by nearly 420%.

Read our exclusive interview with Ron Clarke, CEO of Corpay, a key partner of Circle.

By CEO NA Editorial Staff

Related Posts

Biden Raises Debt Ceiling
News

Trump considering 11 candidates for Fed chair

GE Appliances pledges $3 billion investment in U.S. manufacturing
News

GE Appliances pledges $3 billion investment in U.S. manufacturing

Trump praises Intel CEO following meeting
News

Trump praises Intel CEO following meeting

- U.S. and China agree to 90 day tariff extension
News

U.S. and China agree to 90 day tariff extension

U.S. tech companies angered by latest chip regulations
News

Nvidia and AMD agree to pay 15% tax on China chip sales

General Motors to lay off 1,300 factory workers
News

Intel CEO to visit White House

Mercedes CEO describes market as ‘extremely complex’, calls for ‘reality check’
News

Mercedes CEO describes market as ‘extremely complex’, calls for ‘reality check’

Crocs CEO admits current operating environment is “uncertain and challenging to predict”
News

Crocs CEO admits current operating environment is “uncertain and challenging to predict”

Fed may hike interest rates again
News

Trump nominates Stephen Miran to Federal Reserve Board

Zuckerberg laments “government pressure” over COVID content
News

Meta, PIMCO, and Blue Owl join forces in $29 billion data center project

No Result
View All Result

Recent Posts

  • Trump considering 11 candidates for Fed chair
  • GE Appliances pledges $3 billion investment in U.S. manufacturing
  • Google to spend $1 billion on AI education and job training in the U.S.
  • Deceuninck CEO Stefaan Haspeslagh guides CEO NA Magazine through his company’s long history in sustainable construction
  • Senior talent: tips for making the last stage in your career the best it can be

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.