Futu Holdings Limited (FHL) reported earnings for its third quarter that Increased, from last year
The company's earnings came in at HK$3.227 billion, or HK$2.85 per share. This compares with HK$1.321 billion, or HK$1.18 per share, last year.
The company's revenue for the period rose 86.3% to HK$6.402 billion from HK$3.436 billion last year.
Futu Holdings Limited earnings at a glance (GAAP) :
-Earnings: HK$3.227 Bln. vs. HK$1.321 Bln. last year.-EPS: HK$2.85 vs. HK$1.18 last year.-Revenue: HK$6.402 Bln vs. HK$3.436 Bln last year.
For the third quarter, the company posted a net income per ADS of HK$22.80, higher than HK$9.42 per ADS in the same period last year.
Excluding items, third-quarter earnings stood at HK$3.312 billion as against the prior year’s HK$1.398 billion.
Further, the Board has authorized a new share repurchase program under which Futu Holdings may repurchase up to $800 million of ADSs, following the expiration of the company's current share repurchase program. Futu Holdings plans to fund these repurchases from cash on hand.
FUTU was up by 3.07% at $173.74 in the pre-market trade on the Nasdaq.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.