
Futu Holdings Limited reported strong financial results for Q4 2024, with adjusted earnings per share (EPS) of HK$13.35, surpassing the estimate of HK$12.44. The company's revenues reached HK$4.43 billion, exceeding the anticipated HK$3.82 billion, marking an 86.8% increase year-over-year. The total number of paying clients grew to 2.41 million, a rise of 41.0% from the previous year, while the total number of registered clients reached 4.58 million, up 28.7% year-over-year. In contrast, Duluth Holdings reported a net loss of $5.6 million for Q4, with adjusted EPS of $(0.04), falling short of the $0.11 estimate, and net sales decreasing to $241.3 million from $245.6 million in the same quarter last year. Ucloudlink Group also reported Q4 2024 results, with GAAP EPS of $0.04, down from $0.05 year-over-year, but sales of $26 million exceeded the estimate of $25.15 million. Additionally, ULY reported an adjusted EPS of $(0.65), missing the estimate of $(0.29), while sales were $32 million, beating the $31.50 million estimate.
$FUTU (+2.0% pre) Futu Holdings Reports Strong 2024 Financial Growth and Client Expansion https://t.co/q62qqPnWgW
$DLTH Earnings: - Net sales decreased to $241.3 million compared to $245.6 million in the prior year fourth quarter - Net loss of $5.6 million and adjusted net loss of $1.5 million, compared to net income of $6.8 million in prior-year fourth quarter. Adjusted net loss of $1.5โฆ https://t.co/cOxE8YNVy5
$FUTU Earnings: - Q4 2024 earnings with US$570.6 million in revenues, up 86.8% year-over-year ("YoY"), and US$251.3 million in non-GAAP adjusted net income, a 105.4% YoY increase. - For the year ended December 31, 2024, the Company recorded US$1.75 billion in revenues andโฆ