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Bullish Swings to Profit in Third Quarter After Adding Options, U.S. Spot Trading
Yahoo Finance· 2025-11-19 21:04
Bullish (BLSH), the crypto platform owner of CoinDesk, swung to a third-quarter profit after introducing crypto options trading and spot trading in the U.S. Net income rose to $18.5 million, or 10 cents a share, from a $67.3 million loss, or 59 cents, in the year-earlier quarter. Analysts estimated EPS at 10 cents, according to FactSet data. Adjusted revenue of $76.5 million beat analyst expectations of $72.9 million. Bullish started its U.S. spot trading business in September after receiving a BitLicens ...