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PANews
PANews|9月 18, 2025 00:00
[Bullish Cryptocurrency Platform Exceeds Wall Street Expectations in Q2 Earnings] According to CoinDesk, digital asset trading platform Bullish announced its second-quarter earnings on Wednesday, with earnings per share surpassing analysts' average expectations. The company also projected growth in adjusted earnings before interest, taxes, depreciation, and amortization (Ebitda) for the next quarter. According to FactSet data, the platform's Q2 earnings per share (EPS) were $0.93, exceeding analysts' average expectation of $0.03. Bullish also reported adjusted revenue of $57 million for the second quarter, compared to the expected $60.7 million. Bullish CEO Tom Farley stated that the company’s third-quarter "business momentum is strong." The company’s trading volume surged to $179.6 billion, up from $133 billion in the same period last year. For the next quarter, Bullish expects trading volume to range between $133 billion and $142 billion. The statement also noted that Bullish anticipates adjusted Ebitda for Q3 to be between $25 million and $28 million, compared to $8.1 million in Q2. This report marks the company’s first quarterly report since its listing on the New York Stock Exchange (NYSE) in August.
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