Bullish一季度营收不及预期,盘前跌近8%
Odaily reported that crypto trading platform Bullish (NYSE: BLSH) released its Q1 2026 financial results, with adjusted revenue of $92.8 million, falling short of the FactSet analyst consensus of $94.9 million. Adjusted EBITDA was $35.1 million, also below market expectations of $38 million.
Bullish reported a net loss of $604.9 million for the first quarter, or a loss of $3.85 per share, compared with a net loss of $348.6 million in the same period last year. The company's transaction-related revenue declined year-over-year, impacted by weaker digital asset prices and lower trading activity.
As of pre-market trading on May 14, Bullish shares were down 7.9% at $38.51. Coinbase and Robinhood also previously reported weaker-than-expected Q1 results, with Robinhood's crypto revenue declining 47% year-over-year to $134 million.
Separately, Bullish previously announced a $4.2 billion acquisition of Equiniti, a stock transfer and shareholder services company, to expand its tokenized securities business. (CoinDesk)
