Market news, analysis & forecast powered by

Preview Mode

FM Home
> Q2 results
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
Fuse Network Enables MultiChain Payments with Stargate Thought Leadership

Q2 results

Search for a tag
CryptoCurrency

Mining Costs for This Wall Street Bitcoin Miner Jumped 168% in a Year

  • Despite higher revenues, BitFuFu's net profit shrank by 75%.
  • This was due to a surge in BTC production costs, averaging $33,000 per coin.
Wednesday, 21/08/2024 | 06:27 GMT by Damian Chmiel
Retail FX

Futu Adds 155,000 New Clients in Q2, Lifts Full-Year Target

  • The company reported strong Q2 2024 results with revenue up 25.9% year-over-year to HK$3.13 billion
  • It also raised its full-year guidance, targeting 550,000 new paying clients for 2024.
Tuesday, 20/08/2024 | 08:21 GMT by Damian Chmiel
Payments

Nubank's Q2 Earnings Surge 65% as Customer Base Hits 104.5 Million

  • The fintech reported record Q2 2024 results, with net income doubling to $487 million and revenue reaching $2.8 billion.
  • The customer base surpassed the 100 million milestone mainly due to growth in Brazil and Colombia.
Wednesday, 14/08/2024 | 08:16 GMT by Damian Chmiel
CryptoCurrency

These Two Wall Street Bitcoin Miners Defy Halving Odds with Higher Q2 Revenues

  • HIVE Digital and TeraWulf reported strong quarterly results despite the recent halving event in April.
  • Their revenues increased by 37% and 130% respectively.
Tuesday, 13/08/2024 | 06:51 GMT by Damian Chmiel
Institutional FX

Compagnie Financière Tradition Boosts H1 2024 Revenues to CHF 557M

  • Swiss interdealer broker also saw solid performance in the second quarter, with a 14.4% increase.
  • Despite currency headwinds, the company reported growth across all regions.
Thursday, 08/08/2024 | 05:52 GMT by Damian Chmiel
Executives

Robinhood's Q2 Profit Soars 652% as Options, Crypto Trading Booms

  • The fintech company also saw 40% revenue growth and amassed $139.7 billion in assets under custody.
  • What is more, the number of Gold subscribers surpassed 2 million.
Thursday, 08/08/2024 | 04:50 GMT by Damian Chmiel
CryptoCurrency

CoinShares' Q2 2024 Record Revenues Overshadowed by £22M FlowBank Impairment

  • CoinShares reported doubled revenue, but faced a significant setback due to FlowBank's bankruptcy.
  • On a positive note, the company completed the sale of its FTX claim, achieving a 116% recovery rate.
Tuesday, 06/08/2024 | 06:52 GMT by Damian Chmiel
Institutional FX

Virtu Financial Posts Impressive Q2 Performance, Revenue Climbs 36%

  • Net trading income surged 39% YoY to $426.4 million, while net income rose to $128.1 million from $29.5 million in Q2 2023.
  • The company has declared a quarterly cash dividend of $0.24 per share and repurchased $31 million worth of shares.
Thursday, 18/07/2024 | 13:03 GMT by Jared Kirui
Payments

10% Profit Uptick Drives Visa to Highest Level in 30 Days

  • Payments giant posts strong Q2 2024 results with double-digit growth in revenue.
  • The success was driven by growth in payments volume and cross-border transactions.
Wednesday, 24/04/2024 | 07:53 GMT by Damian Chmiel
FinTech

Broadridge Reports 9% Increase in Q2 Revenue, Reaffirms Full-Year Guidance

  • The firm's diluted EPS hit $0.59, while the adjusted EPS rose to $0.92.
  • Its fiscal 2024 guidance comprises 6-9% growth in recurring revenue.
Thursday, 01/02/2024 | 13:35 GMT by Jared Kirui
Retail FX

Nomura's Half-Year Pretax Profit Surges 118% Propelled by Revenue Diversification

  • The firm reported an increase of 16% in net revenue for the six months ended September 30.
  • Nomura's income before tax reached 104.6 billion yen.
Friday, 27/10/2023 | 13:54 GMT by Jared Kirui
CryptoCurrency

BTC Miners Struggle to Break Even: Cathedra Bitcoin Reports C$2.9 Million Loss

  • Cathedra Bitcoin's Q2 2023 financials show an increase of 19.5 BTC in mining output.
  • However, similar to other publicly listed miners, it has not achieved profitability.
Wednesday, 30/08/2023 | 07:08 GMT by Damian Chmiel
CryptoCurrency

Canaan Breaks Record in Mining Revenue but Struggles to Turn a Profit

  • The rise in Bitcoin mining revenue did not help the company to achieve profitability.
  • Other crypto miners also reported weaker results for Q2 2023.
Tuesday, 29/08/2023 | 10:38 GMT by Damian Chmiel
Retail FX

Tiger Brokers Parent Hits $65.1B Trading Volume in Q2, Two-Year High in Profit

  • UP Fintech reports an increase of 23.5% YoY in Q2 2023 revenue, reaching $66.1 million.
  • The company's non-GAAP profit soars to $15.3 million, marking a two-year record high.
Tuesday, 29/08/2023 | 09:20 GMT by Damian Chmiel
FinTech

Paysafe's $402 Million Q2 Revenue Drives Shares to Quarterly Peak

  • Revenue grew 6% to a level exceeding $402 million.
  • In addition, Paysafe boosted its forecast for the whole year.
Tuesday, 15/08/2023 | 14:27 GMT by Damian Chmiel
CryptoCurrency

Hut 8 Reports Decline in Q2 Revenue amid Low Mining Output

  • The company's revenue declined 56% year-over-year during the quarter.
  • The decline was contributed by the closure of the miner's North Bay facility.
Monday, 14/08/2023 | 18:01 GMT by Jared Kirui
Institutional FX

Coinbase Repurchases $1B Bonds after Strong Quarter

  • The offer for the buyback is valid until September 1.
  • The buyback is offered at a premium to users.
Tuesday, 08/08/2023 | 21:28 GMT by Jared Kirui
Retail FX

Beyond Nine-to-Five: Spectrum's Report Reveals Surge in Off-Hours Trading

  • Spectrum's report shows that investors want to trade outside traditional trading hours.
  • In addition, the trading venue's H1 2023 volumes increased 20% from the previous year.
Tuesday, 08/08/2023 | 08:02 GMT by Damian Chmiel
CryptoCurrency

Coinbase Narrows Losses in Q2 despite Declining Trading Volumes

  • The exchange's quarterly revenue declined 17% year-over-year.
  • Several asset managers have selected Coinbase to provide the infrastructure for spot Bitcoin ETFs.
Friday, 04/08/2023 | 10:57 GMT by Jared Kirui
Retail FX

Robinhood’s Revenue Up 10% in Q2, but Active Users Drop by 1M

  • The broker reported its first GAAP profitability during the quarter.
  • Robinhood's shares dropped 6.91% to $11.58 in after-market hours.
Wednesday, 02/08/2023 | 22:43 GMT by Solomon Oladipupo
CryptoCurrency

Crypto Institutionalization Yields Results: CoinShares Records Year's Highest Revenue

  • CoinShares revenue boosts to £20.3 million.
  • The CEO, Mognetti highlighted an increased institutional adoption of crypto.
Tuesday, 01/08/2023 | 14:48 GMT by Damian Chmiel
Institutional FX

Tradeweb Reports 25% Jump in Q2 Profit, Boosted by Surging Trading Activity

  • The trading platform's ADV increased 10% year-over-year during the quarter.
  • Tradeweb agreed to acquire Yieldbroker during the period.
Thursday, 27/07/2023 | 16:22 GMT by Jared Kirui
Retail FX

Interactive Broker’s Performance Drops in Q2, Revenue Shrinks to $1B

  • The Nasdaq-listed firm's EPS slumped 15% to $1.20.
  • However, the performance improved significantly when compared year-over-year.
Tuesday, 18/07/2023 | 23:09 GMT by Solomon Oladipupo
News

PayPal’s Net Revenues Climb 9% YoY in Q2 2022

  • The total payment volume reached $339.8 billion in the second quarter.
  • Operating cash flow came in at $1.5 billion.
Wednesday, 03/08/2022 | 05:48 GMT by Bilal Jafar
Institutional FX

Virtu Financial Posts $604.7 Million in Revenues for Q2 2022

  • Total revenues jumped by 10.2% YoY.
  • Net income for Q2 came in at $148.9 million.
Thursday, 28/07/2022 | 11:54 GMT by Bilal Jafar
See more
Next
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}