Bullish Posts Q1 Earnings Miss, $605M Loss

Cointelegraph Staff

(06:56 AM UTC)

1 min read

Shares in the US crypto exchange Bullish fell on Thursday after the company’s first-quarter earnings missed analysts’ top and bottom line expectations.

Bullish’s adjusted revenue for the quarter ended March 31 was $92.8 million, up from $62.4 million a year ago, but below Wall Street expectations of $95.4 million.

The company reported a net loss of $604.9 million, deeper than its $348.6 million…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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