Webull Q2 Earnings Highlights: Trading Revenue Up 63%, Customer Assets Hit All-Time High

Webull Corp (NASDAQ:BULL) reported second-quarter financial results after market close Thursday.

Here are the key highlights.

What Happened: Webull reported second-quarter revenue of $131.5 million, up 46% year-over-year. The revenue was an improvement from the first quarter total of $117.4 million, according to data from Benzinga Pro.

Trading-related revenue was up 63% year-over-year in the quarter. Options contracts volume was up 8% year-over-year to $127 million. Equity notional volume was up 58% year-over-year to $161 billion.

The company reported earnings per share of 5 cents for the second quarter, an improvement from a loss of 6 cents per share in the first quarter.

Customer assets reached an …

Full story available on Benzinga.com