Tiger Brokers Surged 18% in Morning Trading After Posting Solid Q1 Results
Tiger Newspress2023-05-30
Tiger Brokers surged 18% in morning trading.
The company's revenue stood at US$66.33 million during the period, up 26.0% year-over-year (YoY). The non-GAAP profit attributable to UP Fintech reached US$10.33 million, registering a 128.5% increase QoQ.
During the first quarter, 52,534 new customer accounts were added, up 39.8% QoQ, pushing the global total to 2.06 million. The number of new customers with deposits (number of funded accounts) rose by 30,392, or up 11.2% from the previous quarter, to 811,900.
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