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Futu's Q4 Earnings Decline, Revenue Rise -- Shares Fall Pre-Bell
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Futu's Q4 Earnings Decline, Revenue Rise -- Shares Fall Pre-Bell
Mar 14, 2024 3:56 AM

06:28 AM EDT, 03/14/2024 (MT Newswires) -- Futu Holdings ( FUTU ) posted Q4 net income Thursday of 6.31 Hong Kong dollars ($0.81) per diluted American depositary share, down from HK$6.80 a year earlier.

Two analysts polled by Capital IQ expected HK$6.76.

Revenue for the quarter ended Dec. 31 was HK$2.37 billion, up from HK$2.28 billion a year earlier.

Two analysts surveyed by Capital IQ expected HK$2.64 billion.

Shares of the financial services company were down more than 12% in recent Thursday premarket activity.

Price: 57.5, Change: -7.9, Percent Change: -12.08

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