Webull Q2 Earnings Preview: Can Crypto Relaunch Help Boost Shares?
Webull Corporation (NASDAQ:BULL) aims to highlight recent wins in cryptocurrency and its evolution since going public, as the company reports second-quarter financial results on Thursday after the market close.
Earnings History
Webull went public in April after completing a SPAC merger. Shares soared after their debut with the company, among the top trending names among retail traders for weeks after the market debut.
Since going public, shares have pulled back and investors and analysts now look to company announcements and financial results to show the investment case for the company moving forward.
There are no current analyst estimates for the company’s second-quarter financial results.
In the first quarter, Webull reported revenue of $117.37 million, up 32% year-over-year. The company also reported a loss of 6 cents per share, according to data from Benzinga Pro.
Webull said the revenue growth came from account growth …
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