Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter, underscoring the continued troubles resulting from a deepening crypto winter despite its efforts to diversify revenue.

Here’s how Coinbase performed in its quarter ended June 30, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

• Loss per share: $1.36 loss vs. 17 cent loss expected
• Revenue: $1.2 billion vs. $1.3 billion expected

Coinbase’s Thursday report marked its third straight quarter missing Wall Street’s forecasts for revenue and earnings. The ​company reported a loss of $359.5 ⁠million, or $1.36 ‌per share, for…