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Bullish Earnings Beats & Jumps 20%! Time to Back on the Board?
Bullish’s stock rose 20% following its first-ever quarterly earnings beat. The company reported Q2 EPS of $0.93, crushing market expectations of just $0.03, while adjusted revenue came in at $57M, slightly below consensus of $60.7M. Trading volume surged to $179.6B, a sharp increase from the same period last year. Looking ahead, Bullish guided Q3 adjusted EBITDA to $25M–$28M, well above Q2’s $8.1M. Is Bullish on track to establish itself as a dominant player in digital asset markets? Is the pullback ending? Will you add Bullish at $50s?
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