Overview
- Webull reported adjusted earnings of $0.03 per share and revenue of about $159.9 million following Thursday’s close, topping the Street revenue estimate and matching EPS consensus.
- The company logged large operational gains with $24 billion in customer assets, 27.6 million registered users, 5.1 million funded accounts, equity notional volume up 104%, and DARTs rising 42% year over year.
- CFO H. C. Wang said the quarter represented Webull’s sixth consecutive adjusted-profit quarter and management reiterated a previously announced share repurchase program as part of its capital-allocation plan.
- Management highlighted product moves including beta testing a Vega Analyst research tool and agentic trading solutions, and said Webull has obtained a license to operate across the European Economic Area to support international growth.
- Market response was muted with small post-close gains in extended trading, but shares remain well below the 200-day moving average and near recent lows, leaving the stock under longer-term technical pressure and dependent on sustained volume to reverse the trend.