Bullish Stock Climbs After Q2 Results: Details

Core Viewpoint - Bullish reported strong second-quarter results, showing significant improvement in earnings and revenue compared to the previous year [1][2]. Financial Performance - Quarterly earnings were reported at 93 cents per share, a recovery from losses of $1.03 per share in the same period last year [1]. - Revenue for the quarter reached $58.63 million, up from $49.57 million year-over-year [1]. Business Growth and Outlook - The company experienced growth in liquidity services and successfully executed a Consensus conference, contributing to positive business momentum [2]. - For the third quarter, Bullish anticipates revenue between $69 million and $76 million, with trading volume projected between $133 billion and $142 billion [3]. Trading Metrics - Trading volume for the quarter totaled $179.6 billion, an increase from $133 billion in the same period last year [4]. - Average daily trading volume was 1.974 billion, compared to 1.462 billion from the previous year [4]. - The average trading spread improved to 1.3 basis points from 2.6 basis points year-over-year [4].