Gemini Space Station Stock Soars After The Close: Here’s Why

Gemini Space Station Inc (NASDAQ:GEMI) shares are trading higher in extended trading Thursday after the company reported first-quarter results and announced an investment from Winklevoss Capital Fund.

• Gemini Space Station stock is among today’s top performers. Why is GEMI stock surging?

Gemini Space Station Q1 Highlights

• Q1 Revenue: $50.27 million, versus estimates of $49.29 million

• Q1 Loss: 93 cents, versus estimates of 96 cents

Total revenue was up 42% on a year-over-year basis, driven by strong growth in services and OTC revenue. Gemini Space Station reported 589,000 …

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