eToro reports Q3 EPS 60c, consensus 55c

Reports Q3 revenue $4.114B vs $1.56B last year. “We remain focused on executing our strategy across our four key pillars of trading, investing, wealth management, and neo-banking, developing new products and services that deliver value to users across every step of their investing journey. This robust product offering, combined with our unique shared social experience for users worldwide, creates a powerful flywheel that drives increased engagement and activity platform while establishing a durable competitive moat. Looking ahead, we are committed to remaining at the forefront of product development and innovation, as demonstrated by our crypto and AI initiatives, while expanding our reach both globally and within the United States through Copy Trading. As eToro (ETOR) continues to scale, we believe we are well positioned to capture the significant growth opportunities presented by the inevitable macro tailwinds and deliver long-term shareholder value,” said Yoni Assia, eToro’s Co-founder and CEO.