π΄ CIRC trades down 3.3% after mixed Q2 earnings, despite revenue forecast increase and Arc validator announcements
CIRC
CIRC is trading at $0.66 (-3.33%) in after-hours trading following its Q2 2026 earnings report, which saw the company beat EPS estimates but miss on revenue.
Circle reported $0.18 EPS, surpassing the $0.17 consensus, but revenue of $701 million fell short of the $717 million expectation.
Despite the revenue miss, Circle significantly raised its 2026 'other revenue' forecast to $310-$330 million and announced major partners like BlackRock, DTCC, Mastercard, and Visa as founding validators for its Arc network, ahead of its September 16 mainnet launch.