UP Fintech: Revenue Hits Record US$101M; Profit at Three-year Peak; Client Assets Doubled YoY to US$40.8 Billion
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UP Fintech Holding Limited (NASDAQ: TIGR) reported record revenue of $101.1 million for Q3 2024, marking a 15.6% QoQ and 44.1% YoY increase. The company's profit reached a three-year peak, and client assets doubled YoY to $40.8 billion.
November 12, 2024 | 8:30 am
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UP Fintech reported record Q3 2024 revenue of $101.1M, a 15.6% QoQ and 44.1% YoY increase. Profits are at a three-year high, and client assets doubled YoY to $40.8B.
The significant increase in revenue and profit, along with the doubling of client assets, indicates strong business performance and growth potential. This is likely to positively impact TIGR's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100