Back
Bullish Posts Strong Q2 Earnings, Expects Higher EBITDA in Q3

Bullish Posts Strong Q2 Earnings, Expects Higher EBITDA in Q3

Bullish’s first quarterly earnings since going public in August showed strong revenue and profits, boosting its stock nearly 9% in premarket trading.

Fact Check
Multiple sources confirm that Bullish reported Q2 2025 Adjusted EBITDA of $8.1 million. The same sources also state the company's guidance for Q3 2025 Adjusted EBITDA is a range of $25.0 million to $28.0 million, which is significantly higher. The characterization of Q2 earnings as 'strong' is supported by one source describing it as a 'Q2 beat' of analyst estimates.
    Reference: 123
Summary

Bullish reported adjusted revenue of $57 million and diluted earnings per share of $0.93 in its Q2 earnings, the first since its August IPO. The results pushed the company’s stock price up 8.9% in premarket trading.

Terms & Concepts
  • EPS (Earnings Per Share): A financial metric showing the portion of a company's profit allocated to each outstanding share of common stock.
  • Adjusted EBITDA: A non-GAAP measure of a company's overall financial performance, excluding interest, taxes, depreciation, amortization, and other adjustments.