Bullish shares surge 6% after earnings beat in first result after listing

Bullish share price [https://invezz.com/wp-content/uploads/2025/09/20250918_1942_Bullish-Financial-Growth_simple_compose_01k5ejjy93fwfrda567p895jst.png] Crypto exchange Bullish (NYSE: BLSH) surged 6% on Thursday after posting a profit in its first quarterly result since going public, reversing a loss from the same period last year. The Peter Thiel-backed firm also announced it had secured key regulatory licenses in New York, strengthening its global footprint as it pushes further into regulated markets. STRONG SECOND-QUARTER RESULTS For the second quarter of 2025, Bullish posted net income of $108.3 million, a sharp turnaround from a net loss of $116.4 million in the prior-year period. The company’s adjusted revenue came in at $57 million, above consensus estimates of $55.9 million, according to LSEG data. Adjusted EBITDA for the quarter was $8.1 million, also surpassing analyst expectations of $6.8 million. Bullish reported digital asset sales of $58.6 billion, compared with $49.6 billion in the same quarter last year, while trading volume rose 35% year-over-year to $179.6 billion. However, the company guided lower for the current quarter, projecting trading volume between $133 billion and $142 billion, alongside revenue of $69 million to $76 million and adjusted EBITDA…