Silvergate Q2'22 Earnings Update

InstitutionalJuly 20, 2022, 3:35PM EDT
UPDATED: April 28, 2023, 5:55PM EDT
Silvergate Q2'22 Earnings Update
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Despite the year-to-date market turmoil with firms like BlockFi, Celsius, Three Arrows Capital and Voyager , Silvergate outperformed consensus expectations and had a fundamentally strong quarter with both revenue and EPS beats of 11% and 35% respectively. 

Fees remained relatively flat across quarters which aligns with the slow down in asset pricing and market activity. 

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