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Bullish Q3 earnings: Digital asset sales of $41.6 billion, adjusted revenue of $76.5 million

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Bullish Q3 earnings: Digital asset sales of $41.6 billion, adjusted revenue of $76.5 million

According to Foresight News, Bullish announced its third quarter financial results. Among them, digital asset sales were US$41.6 billion, a decrease from US$54.2 billion in the same period last year; net profit (loss) was US$18.5 million, diluted earnings per share of US$0.10, a turnaround from a loss of US$67.3 million (diluted loss per share of US$0.59) in the same period last year; adjusted income (non-IFRS) was US$76.5 million, compared with US$44.60 in the same period last year. Adjusted trading income (non-IFRS) was $26.7 million, down from $32.9 million a year ago. Bullish expects fourth-quarter subscription, services and other revenue of $47 million to $53 million, with adjusted operating expenses expected to be $48 million to $50 million.
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