Bullish Misses First-Quarter Revenue Estimates as Transaction Revenue Slips

Bullish reported $92.8 million in first-quarter adjusted revenue, missing FactSet estimates of $94.9 million. Adjusted EBITDA was $35.1 million, below estimates of $38 million. Bullish said weaker digital asset trading activity early in the year hurt earnings, and BLSH shares fell 7.9% in pre-market trading.

BLSH-8.6%
IN-5.46%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned