Webull reports Q3 adjusted EPS 7c vs. (4c) last year

Reports Q3 revenue $156.9 M vs. $101.14M last year. “We are proud of another strong quarter, with record revenue and customer assets driven by technological innovation, geographic and product expansion, and a favorable market backdrop,” said Anthony Denier, U.S. CEO. “We continue to execute and grow our platform as showcased by the launch of Vega, our new AI tool that brings personalized market analysis and investing insights, in addition to the delivery of a variety of new offerings, including corporate bonds, access to event-based prediction markets and the re-introduction of crypto.” “Our revenue growth accelerated in Q3 and continued to comfortably outpace our expense growth, underscoring our disciplined execution and commitment to profitable growth,” said CFO H.C. Wang. “We remain focused on creating long-term sustainable shareholder value while investing in high-growth areas, product innovation and expanded global access to our sophisticated trading platform.”