Shares of digital payments and financial technology company Mogo Inc. (MOGO) are climbing more than 18% Wednesday morning after reporting robust second-quarter results. The company also raised its forth-quarter subscription and services revenue growth outlook.
Net income in the second quarter was $9.0 million, driven by a $24.9 million gain on the Coinsquare investment, compared with a net loss of $1.6 million last year.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com