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UP Fintech Holding Limited Q2 Profit Rises

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

UP Fintech Holding Limited (TIGR) released earnings for its second quarter that Increased, from last year

The company's bottom line totaled $41.430 million, or $0.015 per share. This compares with $2.593 million, or $0.001 per share, last year.

The company's revenue for the period rose 58.7% to $138.720 million from $87.437 million last year.

UP Fintech Holding Limited earnings at a glance (GAAP) :

-Earnings: $41.430 Mln. vs. $2.593 Mln. last year.
-EPS: $0.015 vs. $0.001 last year.
-Revenue: $138.720 Mln vs. $87.437 Mln last year.

Wu Tianhua, CEO of UP Fintech, said: “We saw increased user engagement in the second quarter with more diversified products offering and supportive market backdrop, which helped fuel our total revenue to a record high of $138.7 million, representing a 13.1% quarter-over-quarter increase and a 58.7% year-over-year increase."

For the second quarter, net income per ADS stood at $0.225 as against $0.016 per ADS in the same period last year.

Excluding items, income surged to $44.5 million from the prior year’s $5.2 million last year. Adjusted earnings per ADS were $0.241, compared with $0.033 per ADS in 2024.

TIGR was up by 5.30% at $13.50 in the pre-market trade on the Nasdaq.

For comments and feedback contact: editorial@rttnews.com

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