Futu Holdings Q4 Earnings Report Analysis

Thursday, 14 March 2024, 08:03

The latest earnings report from Futu Holdings reveals that the Q4 GAAP EPADS of $0.81 missed expectations by $0.06. The non-GAAP adjusted net income saw a 6.3% decrease year-over-year, totaling $121.7 million. Additionally, the company's revenue of $303.8M marked a 4.1% increase but fell short of analyst forecasts.
LivaRava Finance Meta Image
Futu Holdings Q4 Earnings Report Analysis

Futu Holdings Q4 Earnings Report Analysis

The Q4 earnings report of Futu Holdings details key financial updates for the period. The GAAP EPADS of $0.81, falling $0.06 below estimates, points to a performance shortfall. Non-GAAP adjusted net income decreased by 6.3% to $121.7 million, while revenue of $303.8M, up by 4.1% year-over-year, missed expectations.


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.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe