Futu Holdings Reports Q2 Earnings: GAAP EPADS of $1.11 and Revenue of $400.7M
Tuesday, 20 August 2024, 08:03
Impressive Earnings Overview
In its latest press release, Futu Holdings announced a GAAP EPADS of $1.11, beating estimates by $0.12. The company's total revenue reached $400.7 million, marking a significant 25.9% year-over-year increase, which exceeded expectations by $32.71 million.
Client Growth
- Total number of paying clients increased 28.8%.
- Strengthened market position with enhanced service offerings.
This performance demonstrates Futu Holdings' solid strategies in attracting and retaining clients while improving overall profitability.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.