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BKKT - Earnings announcements
Bakkt Inc. (BKKT) earnings announcements - real-time wire coverage filtered to Earnings only.
Recent Earnings for BKKT
- Bakkt Reports First Quarter 2026 ResultsCash and cash equivalents and restricted cash of $82.6 million as of March 31, 2026 — sufficient liquidity to execute across all three growth enginesCompleted the acquisition of Distributed Technologies Research ("DTR") on April 30, 2026 in an all-stock transaction, integrating agentic AI and stablecoin payments infrastructure into the Bakkt platformAppointed Daniel Ishag as Chief Commercial Officer to lead the rebuild of Bakkt's commercial organization across Bakkt Markets and Bakkt Agent ATLANTA, May 11, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. ("Bakkt," "Company," "we" or "us") (NYSE:BKKT) announced its financial and operational results for the quarter ended March 31, 2026 and provided an
- Bakkt Schedules Conference Call to Discuss First Quarter 2026 ResultsATLANTA, May 04, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) today announced that it will release its first quarter 2026 financial results after market close on Monday, May 11, 2026. Management will host a conference call at 5:00 PM EST on the same day to review the results and answer questions. The conference call will be webcast live and archived on the investor relations section of Bakkt's corporate website under the ‘News & Events' section, along with any related earnings materials. Attendance information is provided below. Conference Call Details: Day: May 11, 2026Time: 5:00 PM ESTParticipant Call Links: Live Webcast: LinkParticipant Call Registrati
- Bakkt Announces Timing of Fourth Quarter 2025 Earnings Results and Investor Day PresentationNEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Bakkt, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) today announced that it will release its fourth quarter 2025 financial results after market close on Monday, March 16, 2026. In lieu of a traditional earnings conference call, Bakkt will review these results and provide additional business and strategic updates during its Investor Day presentation on Tuesday, March 17, 2026, beginning at 9:30 AM EST. Bakkt's Investor Day Presentation Day: March 17, 2026Time: 9:30 AM ESTWebcast: Link The webcast and presentation will be archived on the Investor Relations section of Bakkt's website under the "News & Events" section at https://investors.bakkt.co
- Bakkt Schedules Conference Call to Discuss Third Quarter 2025 ResultsNEW YORK, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced today that it will release its third quarter 2025 earnings on Monday, November 10, 2025, before market open. Management will host a conference call at 8:30 AM EST on the same day to review the results and answer questions. The conference call will be webcast live and archived on the investor relations section of Bakkt's corporate website under the ‘News & Events' section, along with any related earnings materials. Attendance information is provided below. Conference Call Details: Date: November 10, 2025Time: 8:30 AM ESTParticipant Call Links: Live Webcast: LinkParticipant Ca
- Bakkt Schedules Conference Call to Discuss Second Quarter 2025 ResultsBakkt Holdings, Inc. (NYSE:BKKT) today announced that it will release its second quarter 2025 results on Monday, August 11, 2025, after market close. Management will host a conference call at 5:00 PM ET on the same day to review the results. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/400104648 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 446108 approximately ten minutes prior to the start of the call. The conference call will be webcast live and archived on the investor relations section of Bakkt's corporate w
- Bakkt Announces Preliminary Second Quarter 2025 Financial Results and Definitive Agreement to Sell Loyalty BusinessBakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) today announced certain preliminary financial results for the three-month period ended June 30, 2025, and the signing of a definitive agreement to sell its Loyalty business, marking the final step in the Company's realignment to a pure-play crypto infrastructure company. Preliminary financial results for three-month period ended June 30, 2025: Total revenues for the second quarter of 2025 are estimated to be in a range of $577 million to $579 million. Gross crypto revenues for the second quarter of 2025 are estimated to be in a range of $568 million to $569 million. Net loyalty revenues for the second quarter of 2025 are estimated to be in
- Bakkt Reports First Quarter 2025 Results- Entered into cooperation agreement with Distributed Technologies Research (DTR) in Q1 2025 for access to AI and stablecoin payment infrastructure - Commercial agreement with DTR, expected to be completed by Q3 2025, expected to bring new products for customers, including merchant checkout widget and white-label AI-powered plug-in for global money movement - Strengthened the leadership team with the addition of Ankit Khemka, Chief Product Officer, and Phillip Lord, President, Bakkt International - Net income of $16.2 million, up 176.5% year-over-year, 140.4% sequentially Bakkt Holdings, Inc. ("Bakkt," "Company," "we" or "us") (NYSE:BKKT) announced its financial and operational results
- Bakkt Schedules Conference Call to Discuss First Quarter 2025 ResultsBakkt Holdings, Inc. (NYSE:BKKT) today announced that it will release its first quarter 2025 results on Monday, May 12, 2025, after market close. Management will host a conference call at 5:00 PM ET on the same day to review the results. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/286424853 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 550946 approximately ten minutes prior to the start of the call. The conference call will be webcast live and archived on the investor relations section of Bakkt's corporate website
- Bakkt Reports Fourth Quarter and Full Year 2024 Results- Announces Akshay Naheta to serve as co-CEO of Bakkt and strategic partnership with Distributed Technologies Research ("DTR"), a cutting-edge stablecoin payments platform - Signed definitive agreement to divest Trust business to Intercontinental Exchange ("ICE"); exploring strategic opportunities for Loyalty - Fourth quarter trading volumes up 465% sequentially and 778% year-over-year - Net loss improved year-over-year 48.7% for the quarter, 54.2% for the full year - Adjusted EBITDA improved year-over-year 66.3% for the quarter, 31.6% for the full year Bakkt Holdings, Inc. ("Bakkt," "Company," "we" or "us") (NYSE:BKKT) announced its financial and operational results for the quarter an
- Bakkt Reschedules Release of Fourth Quarter and Full Year 2024 Earnings Results and Conference CallBakkt Holdings, Inc. (NYSE:BKKT) today announced that it has changed the date for its previously announced earnings conference call. The company will now host a conference call at 8:30 A.M. ET on Tuesday, March 18, 2025, to review the results for the quarter and full year. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/258383643 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 796835 approximately ten minutes prior to the start of the call. The conference call will be webcast live and archived on the investor relations section of Bakkt's corporate website under
- Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 ResultsBakkt Holdings, Inc. (NYSE:BKKT) today announced that it will release its fourth quarter and full year 2024 results on Monday, March 17, 2024, after market close. Management will host a conference call at 5:00 PM ET on the same day to review the results. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/258383643 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 796835 approximately ten minutes prior to the start of the call. The conference call will be webcast live and archived on the investor relations section of Bakkt'
- Bakkt Reports Third Quarter 2024 ResultsBakktX successfully tested, institutional client rollout to begin Q4'24 Net loss improved 87.8% year-over-year Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended September 30, 2024. CEO Comments: "Since the U.S. Presidential election, we've seen a dramatic increase in trading volumes driven by favorable macro sentiment and rising crypto prices," said Andy Main, President and CEO of Bakkt. "As of November 12th, we had transacted $279 million in volume, already surpassing October's total of $165 million in just 12 days. These tailwinds align with the upcoming rollout of our institutional trading platform, B
- Bakkt Reschedules Release of Third Quarter 2024 Earnings Results and Conference CallBakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced today that it has changed the date for its previously announced earnings conference call. The Company will now host its earnings conference call at 5:00 p.m. ET on Thursday, November 14, 2024, to review the results for the quarter. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/823369792 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 597174 approximately ten minutes prior to the start of the call. The conference call will be webcast live and archived on the investor relations section of B
- Bakkt Schedules Conference Call to Discuss Third Quarter 2024 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its third quarter 2024 earnings on Wednesday, November 13, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to join at https://events.q4inc.com/attendee/823369792 or dial in at (833) 470-1428 or (404) 975-4839, and reference participant access code 597174 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to h
- Bakkt Reports Second Quarter 2024 Results$509.9 million total revenues including gross crypto revenues and net loyalty revenues $36.8 million operating expenses excluding crypto costs, execution, clearing and brokerage fees, down 43.1% year-over-year, 24.6% sequentially Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended June 30, 2024. CEO Comments: "We continue to make solid progress against our three key strategic priorities," commented Andy Main, President and CEO of Bakkt. "Since last quarter, we have made significant strides in partnerships across traditional and digital assets to enable Bakkt's solutions, which offer deep liquidity and stro
- Bakkt Schedules Conference Call to Discuss Second Quarter 2024 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its second quarter 2024 earnings on Wednesday, August 14, 2024, before market open. Management will host a conference call at 8:30 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 865830 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to https://app.saytechnologies.com/bakkt-2024-q2 to submit quest
- Bakkt Reports First Quarter 2024 Results$854.6 million total revenues including gross crypto revenues and net loyalty revenues Strong client crypto trading activity with notional traded volume up 324% quarter-over-quarter $48.8 million operating expenses excluding crypto costs, execution, clearing and brokerage fees, down 16% year-over-year Updated full year 2024 outlook to reflect recently implemented strategic reduction in force and restructuring which is expected to reduce operating expenses by $13 million1 on an annual basis Bakkt Holdings, Inc. ("Bakkt" or the "Company") (NYSE:BKKT) announced its financial and operational results for the quarter ended March 31, 2024. CEO Comments: "We made solid progress on our k
- Bakkt Reschedules Release of First Quarter 2024 Earnings Results and Conference CallBakkt Holdings, Inc. (NYSE:BKKT) announced today that it has changed the date for its previously announced earnings conference call. The company will now host a conference call at 5:00 p.m. ET on Wednesday, May 15, 2024, to review the results for the quarter. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 239896 approximately ten minutes prior to the start of the call. Management will address a selection of the questions relating to Bakkt's business and financial results on the earnings call. The conference call will be webcast live and archived on the investor
- Bakkt Schedules Conference Call to Discuss First Quarter 2024 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its first quarter 2024 earnings on Tuesday, May 14, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 239896 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to https://app.saytechnologies.com/bakkt-2024-q1 to submit questions p
- Bakkt Reports Fourth Quarter and Full Year 2023 ResultsQuarterly gross crypto services revenues of $199.4 million and associated crypto costs and execution, clearing and brokerage fees of $197.8 million Quarterly total revenues of $214.5 million include gross crypto revenues and net loyalty revenues; full year total revenues of $780.1 million Quarterly total operating expenses of $293.0 million. Quarterly operating expenses excluding crypto costs, execution, clearing and brokerage fees and goodwill, intangible and long-lived assets impairments were $27.8 million, down 55% year-over-year Recently completed initial closing of $42.4 million of gross proceeds from concurrent registered direct offerings with third-party investors and Intercont
- Bakkt Announces Leadership TransitionCurrent board member Andy Main to become CEO; Gavin Michael stepping down Gavin Michael to serve in an advisory role through March 2025 Company reschedules fourth quarter and full year 2023 financial results conference call to Monday, March 25, 2024. Bakkt Holdings, Inc. (NYSE:BKKT) today announced that Andy Main has been appointed President and Chief Executive Officer, effective March 26, 2024. He will succeed Gavin Michael, who is stepping down to pursue other opportunities. Michael will serve in an advisory role through March 2025 to assist in the leadership transition and advise the Board and executive team on strategic matters. Andy Main has served on Bakkt's Board of Directors
- Bakkt Announces Preliminary 2023 Financial Results; Preliminary Estimates Within Previously Provided GuidanceBakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) announced certain preliminary financial results for the fourth quarter and full year ended December 31, 2023. Preliminary financial results for fourth quarter 2023 Total revenues for the fourth quarter of 2023 are estimated to be in a range of $213 million to $215 million. Gross crypto revenues for the fourth quarter of 2023 are estimated to be in a range of $197 million to $199 million. Net loyalty revenues for the fourth quarter of 2023 are estimated to be in a range of $13 million to $15 million. Total crypto costs and execution, clearing and brokerage fees for the fourth quarter of 2023 are estimated to be in a range of $196 milli
- Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2023 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its fourth quarter and full year 2023 earnings on Wednesday, March 20, 2024, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 563811 approximately ten minutes prior to the start of the call. In addition to the dial-in options, Bakkt stockholders can participate by going to https://app.saytechnologies.com/bakkt-2023-q4 to
- Bakkt Reports Third Quarter 2023 ResultsGross crypto services revenues of $191.8 million and associated crypto costs and execution, clearing and brokerage fees of $190.1 million Total revenues of $204.8 million include gross crypto revenues and net loyalty revenues Total operating expenses of $257.6 million includes crypto costs and execution, clearing and brokerage fees and goodwill and intangible assets impairments. Excluding crypto costs and execution, clearing and brokerage fees and goodwill and intangible assets impairments, expenses were $44.2 million down 26% year-over-year Expansion of crypto capabilities in nine new international markets expected to be active by year-end, including the United Kingdom, Hong Kong, La
- Bakkt Announces Expansion of International Footprint and Custody Client BaseThe company expects to be live with crypto capabilities across new Latin American, European and Asian markets by year end Bakkt Holdings, Inc. (NYSE:BKKT) announced today its planned expansion of crypto capabilities into numerous international markets with both existing and newly-signed clients by year end. Latin America: Bakkt and long-standing client Hapi, a stock trading platform, recently furthered their Latin American crypto trading capabilities, expanding into Mexico and Argentina, and also expect to go live in Brazil by the end of 2023. Europe: Bakkt and Hapi also expect to launch in Spain by the end of 2023. In addition, Bakkt will provide crypto trading and custody services
- Bakkt Schedules Conference Call to Discuss Third Quarter 2023 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its third quarter 2023 earnings on Tuesday, November 14, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 178790 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 984736. The replay wi
- Bakkt Reports Second Quarter 2023 ResultsSecond quarter 2023 results include Apex Crypto, which was acquired on April 1, 2023 and rebranded Bakkt Crypto Solutions In accordance with GAAP, crypto services revenues and crypto costs and execution, clearing and brokerage fees are being presented on a gross basis Gross crypto services revenues of $335.3 million, which are partially offset by crypto costs and execution, clearing and brokerage fees of $334.0 million, reflect impact of Apex Crypto's trading activity Total revenues of $347.6 million include gross crypto revenues and net loyalty revenues Total operating expenses of $398.7 million includes crypto costs and execution, clearing and brokerage fees and $17.0 million of a
- Bakkt Schedules Conference Call to Discuss Second Quarter 2023 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its second quarter 2023 earnings on Thursday, August 10, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 830313 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 989042. The replay wi
- Bakkt Reports First Quarter 2023 ResultsQuarterly net revenues of $13.0 million, increased 4% year-over-year Operating expenses of $58.4 million, declined 4% year-over-year; includes $4.3 million of restructuring expenses Acquisition of Apex Crypto closed on April 1, 2023, bringing ~5.8 million crypto-enabled accounts to Bakkt Outlook for Apex Crypto includes full year 2023 gross revenues of ~$1,874 million - $2,384 million and crypto costs and execution, clearing and brokerage fees of ~$1,868 million – $2,376 million Bakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) announced its financial and operational results for the quarter ended March 31, 2023. "We are proud of our accomplishments in the first quarter and thrilled about
- Bakkt Schedules Conference Call to Discuss First Quarter 2023 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its first quarter 2023 earnings on Thursday, May 11, 2023, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (833) 470-1428 or (404) 975-4839, and reference participant access code 853207 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 608202. The replay will b
- Bakkt Reports Fourth Quarter and Full Year 2022 ResultsQuarterly net revenues of $15.6 million, increased 14% year over year; full year net revenues of $54.6 million, increased 38% year over year Strong customer activity with fourth quarter digital asset conversion volume up 19% year over year and full year digital asset conversion volume up 51% year over year Available cash, cash equivalents and available-for-sale securities1 of $239.4 million and disciplined expense management, including recent corporate restructurings that are expected to reduce headcount2 ~40% by year-end 2023, provide significant liquidity Full year 2023 outlook3 includes net revenues of $62 million - $72 million, an increase of ~15% - 30% from 2022; net cash used in op
- Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2022 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced today that it will release its fourth quarter and full year 2022 earnings on Thursday, March 9, after the market closes. Management will host a conference call at 5:00 p.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (844) 200-6205 or (646) 904-5544, and reference participant access code 460923 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 905479. The
- Bakkt Reports Third Quarter 2022 ResultsQuarterly net revenue of $12.9 million, increased 41% year over year Strong customer activity with digital asset conversion volume up 73% year over year Recently announced signing of definitive agreement to acquire Apex Crypto. Acquisition is expected to significantly expand client verticals and scale Available cash and other liquid assets1 of over $273.7 million provides significant growth capital Bakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) announced its financial and operational results for the quarter ended September 30, 2022. "We are pleased with the momentum we are building with net revenue up 41% year-over-year and digital asset conversion volumes up 73% year-over-year" said Gavin
- Bakkt to Acquire Apex CryptoAcquisition is expected to significantly expand client verticals, drive scale, and bolster path to profitability Bakkt and Apex Fintech Solutions will continue commercial relationship Acquisition is subject to regulatory approval Bakkt Holdings, Inc. (NYSE:BKKT) (the "Company" or "Bakkt"), a digital asset platform that unlocks crypto and drives loyalty to create delightful, connected experiences for a broad range of clients, has signed a definitive agreement to acquire Apex Crypto, LLC from Apex Fintech Solutions, Inc. This acquisition is expected to significantly bolster Bakkt's cryptocurrency product offering and expand its footprint into additional client verticals including fintechs,
- Bakkt Announces Non-Cash Goodwill and Other Intangible Assets Impairment ChargeBakkt Holdings, Inc. (NYSE:BKKT) (the "Company" or "Bakkt") announced that it completed its annual impairment testing of goodwill and other intangible assets as required by Accounting Standards Codification (ASC) 350 "Intangibles Goodwill and Other." As a result of the testing, the Company will record a partial, non-cash goodwill and other intangible assets impairment charge in the quarter ended September 30, 2022. The Company does not expect the impairment charge to have any impact on future operations, or to affect its liquidity or cash flows from operating activities. In accordance with generally accepted accounting principles, the Company conducted a quantitative test of goodwill and i
- Bakkt Schedules Conference Call to Discuss Third Quarter 2022 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced that it will release its third quarter 2022 earnings on Thursday, November 10, 2022, before market open. Management will host a conference call at 9:00 a.m. ET on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (844) 200-6205 or (646) 904-5544, and reference participant access code 406638 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 255918. The replay will be
- Bakkt Reports Second Quarter 2022 ResultsQuarterly 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 Bakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) announced its financial and operational results for the second quarter ended June 30, 2022. "We are proud of our second quarter performance where we delivered robust revenue growth, with 2Q
- Bakkt Schedules Conference Call to Discuss Second Quarter 2022 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced that it will release its second quarter 2022 earnings on Thursday, August 11, 2022, before market open. Management will host a conference call at 9:00 a.m. EDT on the same day to review the results and answer questions. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (844) 200-6205 or (646) 904-5544, and reference participant access code 262063 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 733268. The replay will be
- Bakkt Reports First Quarter 2022 ResultsQuarterly net revenue of $12.5 million, increased 54% year over year Cash use of $36.1 million during the quarter. Over $355 million of available cash provides significant growth capital Strong customer activity with digital asset conversion volume up 91% year over year Bakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) announced its financial and operational results for the first quarter ended March 31, 2022. "Momentum is building across our business and we're proud of our strong year-over-year net revenue growth for the quarter," said Gavin Michael, CEO of Bakkt. "We are making considerable progress with our growing list of platform partners, and they serve as an entryway to a vast universe o
- Bakkt Schedules Conference Call to Discuss First Quarter 2022 ResultsBakkt Holdings, Inc. (NYSE:BKKT) announced that it will publish first quarter 2022 earnings on May 12, 2022, before the market opens. Management will host a conference call to review the results and answers questions at 9:00 a.m. EDT on the same day. Attendance information is provided below. Investors and analysts interested in participating in the earnings conference call are invited to dial (844) 200-6205 or (646) 904-5544, and reference participant access code 948814 approximately ten minutes prior to the start of the call. A replay will be available promptly after the call and can be accessed by dialing (866) 813-9403 and entering the access code 072731. The replay will be available th
- Bakkt Reports Fourth Quarter and Full Year 2021 ResultsFourth Quarter 2021 net revenue of $2.2 million for Predecessor, $11.5 million for Successor and $13.7 million for Combined (non-GAAP); Combined net revenue (non-GAAP) increased 45% over prior year quarter Net revenue expected to grow to $60 million - $80 million in 2022, an increase of approximately 50% to 100% compared to 2021 Combined net revenue, respectively Over $390 million of available cash provides significant growth capital Signed partnerships across crypto services, loyalty and payments Activated point conversion capabilities for Wyndham Rewards customers Financial results include significant non-cash charges related to the closing of business combination with VPC Impact Acq
- Bakkt Provides Details on Certain Preliminary Financial Results for Fourth Quarter 2021Bakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT) announced today details on certain preliminary financial results for fourth quarter 2021, which reflect, among other things, certain impacts of its business combination with VPC Impact Acquisition Holdings (VIH) that closed on October 15, 2021. Intercontinental Exchange, Inc. (NYSE:ICE) ("ICE") announced today that its fourth quarter results will include an estimated ($92 million)1 loss on its equity method investment associated with its initial 68% non-controlling investment in Bakkt for the post-business combination period from October 15 – December 31, 2021. In order to provide additional context, Bakkt expects a pre-tax loss of approximately (
- Bakkt Schedules Conference Call to Discuss Fourth Quarter and Full Year 2021 Results and Announces Q&A Platform Available to Bakkt StockholdersBakkt Holdings, Inc. (NYSE:BKKT) announced that it will publish fourth quarter and full year 2021 earnings on February 17, 2022 before the market opens. Management will host a conference call to review the results and answers questions at 9:00 a.m. EST on the same day. Attendance information is provided below. Bakkt also announced that it will be using a Q&A platform developed by Say Technologies ahead of its fourth quarter 2021 earnings call, to enhance communications and engagement with its shareholders. Verified retail and institutional shareholders will be able to submit and upvote questions. Management will address a selection of the questions relating to Bakkt's business and financia
- Bakkt Reports Third Quarter 2021 ResultsBakkt Holdings, Inc. ("Bakkt") (NYSE:BKKT), a trusted digital asset platform that enables consumers, businesses, and institutions to buy, sell, spend, send and redeem digital assets, today announced its financial results for the third quarter ended September 30, 2021. "Bakkt has made tremendous strides in proving our model, building strategic partnerships and enhancing our platform capabilities to connect the digital economy," said Gavin Michael, CEO of Bakkt. "As we move forward, we will invest the proceeds from our recent business combination to activate our partnerships, further deploying our capabilities with consumers, businesses and institutions." Recent Strategic and Operational Hi