Futu Holdings Reports Growth Amid Challenges
Company Announcements

Futu Holdings Reports Growth Amid Challenges

Futu Holdings (FUTU) has released an update.

Futu Holdings Limited, a prominent online brokerage and wealth management firm, reported a 23.5% year-over-year increase in paying clients and a 3.7% rise in total revenues for Q1 2024, despite a 13.1% decline in net income. The company saw robust growth across its operational metrics, including total trading volume and client asset management, and raised its full-year guidance for new paying clients after a particularly strong quarter.

For further insights into FUTU stock, check out TipRanks’ Stock Analysis page.

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