Webull Shares Slide on 1Q Loss, Soaring Costs

Dow Jones
05/23
 

By Dean Seal

 

Investors extended a bearish run for Webull shares after the company posted a loss for the first quarter and reported that costs outgrew its revenue.

The stock fell 7% to $6.15 on Friday. Shares are now down 21% since the start of the year.

The operator of the Webull online investment platform said after Thursday's market close that it swung to a loss of $21.7 million for the first three months of the year from a profit of $13.1 million a year earlier.

Stripping out one-time items including share-based compensation, adjusted earnings were 3 cents a share. Analysts polled by FactSet had been looking for 4 cents a share.

Revenue climbed 36% from a year earlier to $159.9 million, beating analyst forecasts for $157.4 million. Operating costs meanwhile grew 68% to $162.3 million.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

May 22, 2026 12:18 ET (16:18 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10