UPDATE: JPMorgan Upgrades Futu Holdings Limited (FUTU) to Overweight

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Futu Holdings Sustains Solid Growth in Q2 with US$222.6 Million Total Revenues

August 30, 2022 6:02 AM EDT

-    Users Number of Moomoo and Its Sister Brand Futubull Increased 20% YoY to 18.6 Million

PALO ALTO, Calif., Aug. 30, 2022 /PRNewswire/ -- Moomoo's parent company Futu Holdings Limited (Nasdaq: FUTU) (Futu), a leading tech-driven digital brokerage and wealth management platform, reported stable growth for the second quarter ending June 30, 2022, with US$222.6 million (HK$1.75 billion) total revenues, and US$87.7 million (HK$688.5 million) non-GAAP adjusted net income.

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Futu Announces Second Quarter 2022 Unaudited Financial Results

August 30, 2022 4:00 AM EDT

HONG KONG, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Futu Holdings Limited (Futu or the Company) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Operational Highlights

Total number of paying clients1 increased 38.6% year-over-year to 1,387,146 as of June 30, 2022.Total number of registered clients2 increased 30.5% year-over-year to 3,021,790 as of June 30,... More

Futu Announces Second Quarter 2022 Unaudited Financial Results

August 30, 2022 4:00 AM EDT

HONG KONG, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Futu Holdings Limited (Futu or the Company) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Second Quarter 2022 Operational Highlights

Total number of paying clients1 increased 38.6% year-over-year to 1,387,146 as of June 30, 2022.Total number of registered clients2 increased 30.5% year-over-year to 3,021,790 as of June 30,... More