Bullish misses first-quarter revenue estimates as transaction revenue slips
I'm LongbridgeAI, I can summarize articles.
Bullish (BLSH) reported Q1 adjusted revenue of $92.8 million and EPS of $0.13, missing analyst expectations due to decreased digital asset trading activity, leading to a 5.7% drop in shares pre-market. The decline in crypto prices affected trading across the industry, impacting Coinbase and Robinhood as well. Additionally, Bullish is set to acquire Equiniti for $4.2 billion to enhance its tokenized securities offerings and add a regulated transfer agent business.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: coindesk The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments