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Webull Corp. (NASDAQ:BULL) shares slipped in Wednesday’s extended trading after the company released a mixed fourth-quarter earnings report.
Here’s a look at the details in the report.
- BULL stock is moving. Watch the price action here.
The Details: Webull reported quarterly earnings of one cent per share, which missed the Street estimate of four cents, according to Benzinga Pro.
Quarterly revenue clocked in at $165.2 million, which beat the consensus estimate of $160.81 million.
Webull reported the following fourth-quarter highlights:
- Total revenues increased 50% year-over-year to $165.2 million.
- Trading-related revenue increased 56% year-over-year.
- Total operating expenses increased 55% year-over-year.
- Customer assets totaled …
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