|Bid||12.43 x 1400|
|Ask||12.41 x 1100|
|Day's Range||12.04 - 12.90|
|52 Week Range||4.30 - 38.50|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||47.05|
|Earnings Date||Mar. 26, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.97|
Although market sentiment was weaker in the second quarter, we still achieved substantial growth, thanks to internationalization and the strength of our comprehensive product and service offerings. Total revenue in the second quarter was $60.2 million representing 98.7% growth year over year. Factor in the $13.7 million fair value change to convertible bonds we issued earlier this year, non-GAAP loss is $4.4 million for this quarter.
Shares of Up Fintech Holdings (NASDAQ: TIGR) gained roughly 8.6% in Friday's trading. Up Fintech published its Q2 report before the market opened today, and the overall results were encouraging despite sales and earnings for the period coming in below the market's expectations. The China-based online brokerage company posted a non-GAAP (adjusted) loss per American depositary share of $0.03 on revenue of $60.23 million, while the average analyst estimate had called for adjusted earnings of $0.15 per share on sales of $74.78 million.
BEIJING, Sept. 10, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the second quarter ended June 30, 2021. “Market backdrop was relatively weaker compared to the first quarter, but I am happy to report that the Company still achieved substantial expansion in the second quarter,” stated Mr. Wu Tianhua, CEO and Director of UP Fintech.