Looks like it, yeah, but don’t forget it’s coming from losses. It needs consistent profits to really show what it’s made of 🐂

BlokchainB

Crypto exchange Bullish reported a second-quarter net income, reversing a loss from the same period last year, in its first earnings release since listing on the New York Stock Exchange.

, Peter Thiel-backed Bullish reported a net income of $108.3 million in the second quarter of this year, compared to a net loss of $116.4 million in the same period of last year.

Stacker_Stocks

> ### Quick Take
>
> - Peter Thiel-backed Bullish reported a net income of $108.3 million in the second quarter of this year, compared to a net loss of $116.4 million in the same period of last year.
> - Its stock rose 2.1% in after-hours trading on Wednesday after closing up 5.8% at $54.35.
>
> Crypto exchange Bullish reported a second-quarter net income, reversing a loss from the same period last year, in its first earnings release since listing on the New York Stock Exchange.
>
> In its Wednesday [earnings disclosure](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001872195/c8eb6d5c-37a7-4f16-b2c7-ad8971c1aea2.pdf), Peter Thiel-backed Bullish reported a net income of $108.3 million in the second quarter of this year, compared to a net loss of $116.4 million in the same period of last year.
>
> **[...read more at theblock.co](https://www.theblock.co/post/371174/bullish-reports-q2-profit)**

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