Digital brokerage Webull reports 51% year-over-year revenue growth in Q2, driven by record trading activity.
Webull’s stock rose 9.3% in after-hours trading following a record Q2 revenue of $198.8M, a 51% increase year-over-year and 24% sequentially. The company attributed the growth to surging trading volume, marking its strongest quarter to date.
The results surpass prior performance, reflecting heightened investor activity on the platform. Comparable periods showed lower revenue growth, underscoring the quarter’s outperformance.
No immediate market reaction details were provided beyond the stock’s after-hours gain.