Futu Holdings Ltd. (NASDAQ:FUTU) stock is trading higher in Thursday’s premarket session after the company reported strong second-quarter results.
Futu Holdings Earnings Snapshot
Futu reported revenue of $918.16 million, beating the analyst estimate of $775.99 million.
Revenue rose 35.6% year over year to 7.20 billion Hong Kong dollars, while gross profit increased 33.9% to 6.21 billion Hong Kong dollars ($792.5 million).
Adjusted net income climbed 40.1% to 3.73 billion Hong Kong dollars ($475 million).
