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Futu Q1 2021 Earnings Snapshot: Revenue up 349.4% YoY
Futu Holdings Limited $Futu Holdings Ltd (FUTU.US)$ announces its unaudited financial results for the first quarter ended March 31, 2021 (“Q1”).
Highlights:
•Total revenue in the first quarter increased 349.4% year-over-year (“YoY”) to $283.6 million, achieving triple-digit growth for five consecutive quarters.
•Total revenue in the first quarter increased 349.4% year-over-year (“YoY”) to $283.6 million, achieving triple-digit growth for five consecutive quarters.
•Non-GAAP adjusted net income was up 6.3 times YoY to $151.7 million.
•The number of Futu users reached 14.2 million, an increase of 69.7% YoY; the number of registered clients reached 1,957,436, an increase of 140.2% YoY; the number of Futu's paying clients reached 789,652, an increase of 231.0% YoY.
•During Q1, Futu’s total trading volume soared 277.5% YoY to $289.0 billion.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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LamTW : Good!!
Knulp : Greatest news!
MD Khan Shamim : good
PiscesMonkey : WOW POWERFUL
AI Invest Sg :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Good financial report 
curtaincall : Bought $$Futu Holdings Ltd (FUTU.US)$ a few days ago, will be my long term position
God of Fortune Ed :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
alhazen2021 : Great news
Sumayah Forde : How? what do I? To gain like this
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