Market news, analysis & forecast powered by

Preview Mode

FM Home
> Q2 results
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
A Big Week Ahead in Global Monetary Policy Thought Leadership

Q2 results

Search for a tag
Retail FX

Nomura's Half-Year Pretax Profit Surges 118% Propelled by Revenue Diversification

  • The firm reported an increase of 16% in net revenue for the six months ended September 30.
  • Nomura's income before tax reached 104.6 billion yen.
by Jared Kirui
CryptoCurrency

BTC Miners Struggle to Break Even: Cathedra Bitcoin Reports C$2.9 Million Loss

  • Cathedra Bitcoin's Q2 2023 financials show an increase of 19.5 BTC in mining output.
  • However, similar to other publicly listed miners, it has not achieved profitability.
by Damian Chmiel
CryptoCurrency

Canaan Breaks Record in Mining Revenue but Struggles to Turn a Profit

  • The rise in Bitcoin mining revenue did not help the company to achieve profitability.
  • Other crypto miners also reported weaker results for Q2 2023.
by Damian Chmiel
Retail FX

Tiger Brokers Parent Hits $65.1B Trading Volume in Q2, Two-Year High in Profit

  • UP Fintech reports an increase of 23.5% YoY in Q2 2023 revenue, reaching $66.1 million.
  • The company's non-GAAP profit soars to $15.3 million, marking a two-year record high.
by Damian Chmiel
FinTech

Paysafe's $402 Million Q2 Revenue Drives Shares to Quarterly Peak

  • Revenue grew 6% to a level exceeding $402 million.
  • In addition, Paysafe boosted its forecast for the whole year.
by Damian Chmiel
CryptoCurrency

Hut 8 Reports Decline in Q2 Revenue amid Low Mining Output

  • The company's revenue declined 56% year-over-year during the quarter.
  • The decline was contributed by the closure of the miner's North Bay facility.
by Jared Kirui
Institutional FX

Coinbase Repurchases $1B Bonds after Strong Quarter

  • The offer for the buyback is valid until September 1.
  • The buyback is offered at a premium to users.
by Jared Kirui
Retail FX

Beyond Nine-to-Five: Spectrum's Report Reveals Surge in Off-Hours Trading

  • Spectrum's report shows that investors want to trade outside traditional trading hours.
  • In addition, the trading venue's H1 2023 volumes increased 20% from the previous year.
by Damian Chmiel
CryptoCurrency

Coinbase Narrows Losses in Q2 despite Declining Trading Volumes

  • The exchange's quarterly revenue declined 17% year-over-year.
  • Several asset managers have selected Coinbase to provide the infrastructure for spot Bitcoin ETFs.
by Jared Kirui
Retail FX

Robinhood’s Revenue Up 10% in Q2, but Active Users Drop by 1M

  • The broker reported its first GAAP profitability during the quarter.
  • Robinhood's shares dropped 6.91% to $11.58 in after-market hours.
by Solomon Oladipupo
CryptoCurrency

Crypto Institutionalization Yields Results: CoinShares Records Year's Highest Revenue

  • CoinShares revenue boosts to £20.3 million.
  • The CEO, Mognetti highlighted an increased institutional adoption of crypto.
by Damian Chmiel
Institutional FX

Tradeweb Reports 25% Jump in Q2 Profit, Boosted by Surging Trading Activity

  • The trading platform's ADV increased 10% year-over-year during the quarter.
  • Tradeweb agreed to acquire Yieldbroker during the period.
by Jared Kirui
Retail FX

Interactive Broker’s Performance Drops in Q2, Revenue Shrinks to $1B

  • The Nasdaq-listed firm's EPS slumped 15% to $1.20.
  • However, the performance improved significantly when compared year-over-year.
by Solomon Oladipupo
News

PayPal’s Net Revenues Climb 9% YoY in Q2 2022

  • The total payment volume reached $339.8 billion in the second quarter.
  • Operating cash flow came in at $1.5 billion.
by Bilal Jafar
Institutional FX

Virtu Financial Posts $604.7 Million in Revenues for Q2 2022

  • Total revenues jumped by 10.2% YoY.
  • Net income for Q2 came in at $148.9 million.
by Bilal Jafar
News

Equinix Reports $216 Million in Net Income for Q2 2022

  • Revenues for the latest quarter came in at $1.8 billion.
  • Operating income climbed by 19%.
by Bilal Jafar
FinTech

Bank of America’s Net Income Drops 13% to $6.1bn in Q2 2022

  • EPS dropped 9% from $0.80 to $0.73.
  • However, net interest income rose 22% to $12.4 billion.
by Solomon Oladipupo
Thought Leaders

What were the best trades of Q2?

  • Q2 in review
by Finance Magnates Staff
Execution

Nomura Sees Stagnated Operating Metrics in Second Quarter

  • For the July-September period, Nomura reported its net revenues at $3.08 billion (¥351 billion).
by Aziz Abdel-Qader
Exchanges

CBOE Holdings Reports Solid Second-Quarter Results

  • Q2 2016 metrics gained momentum at CBOE Holdings, following strong trading volumes in the quarter.
by Aziz Abdel-Qader
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}