Bullish Stock Tumbles After Earnings. It's Still Up Since Last Year's IPO. -- Barrons.com

Dow Jones

May 14

By Nate Wolf

Shares of Bullish fell Thursday after the cryptocurrency exchange reported deep losses and weaker-than-expected revenue in the first quarter.

The company posted a loss of $3.85 a share for the quarter, wider than its loss of $3.04 a share last year. Adjusted revenue totaled $92.8 million, up 49% from a year ago but below analysts' consensus estimates of $94.9 million, according to FactSet.

Adjusted earnings before interest, taxes, depreciation, and amortization were $35.1 million. Wall Street expected $38.6 million.

Bullish stock dropped 5.7% to $39.41 in premarket trading. The company, which also owns crypto news site CoinDesk, went public last August at an offering price of $37 a share.

Write to Nate Wolf at nate.wolf@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 14, 2026 07:24 ET (11:24 GMT)

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It's Still Up Since Last Year's IPO. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-14 19:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Nate Wolf \n</p>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/BLSH\">Bullish</a> fell Thursday after the cryptocurrency exchange reported deep losses and weaker-than-expected revenue in the first quarter. \n</p>\n<p>\n  The company posted a loss of $3.85 a share for the quarter, wider than its loss of $3.04 a share last year. 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