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Bullish Q2 revenue jumps 62% despite $280M net loss from Bitcoin write-downs

Market News
13 Aug 2026
Blockonomi
View Source
Neutral
Bullish Q2 revenue jumps 62% despite $280M net loss from Bitcoin write-downs

Bullish reported Q2 adjusted revenue of $92.6 million, a 62% increase year-over-year, beating Wall Street estimates of $87.4 million. The company posted a net loss of over $280 million, mainly due to a $244.6 million write-down on its Bitcoin holdings amid declining crypto prices. Subscription and services revenue hit a record $62.7 million, offsetting weaker digital asset trading volumes, which fell to $32.6 billion from $58.6 billion the prior year. Bullish projects full-year subscription and services revenue between $225 million and $245 million and is on track to complete its $4.2 billion Equiniti acquisition by early 2027, aiming to integrate blockchain with traditional capital markets.

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American Eagle Outfitters beats Q2 earnings estimates with strong Aerie brand growth.

American Eagle Outfitters beats Q2 earnings estimates with strong Aerie brand growth.

American Eagle Outfitters reported strong Q2 results with earnings per share of $0.79, far exceeding the $0.22 estimate, and revenue of $1.38 billion, slightly above expectations. The growth was driven by a 25% revenue increase from its Aerie and OFF...

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Macy's Q2 earnings expected to beat guidance with $0.37 EPS and $4.81B sales forecast

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Wells Fargo cuts Casey's General Stores price target after Q1 sales miss

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Wells Fargo lowered its price target for Casey's General Stores to $750 from $960 after the company reported a 3.2% same-store sales growth in Q1, missing analyst expectations. Despite the sales miss, Casey's posted revenue of $5.68 billion and EPS o...

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