Swissquote released this morning its numbers for H1 21. These are in line with Swissquote’s profit positive warning announced in mid-June. Revenues and pre-tax profit are well above the H1 20 level. These are in line with our expectations and we will adjust (upwards) our EPS for FY2021 in line with Swissquote’s new guidance. Guidance is rather conservative on the back of the uncertainty in revenues from crypto-currencies but management expects a susbtantial contribution from this asset class goi ....
06 Aug 2021
Good numbers, increase in guidance, modest management...
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Good numbers, increase in guidance, modest management...
Swissquote Group Holding Ltd. (SQN:SWX) | 0 0 0.0%
- Published:
06 Aug 2021 -
Author:
Farhad Moshiri -
Pages:
3
Swissquote released this morning its numbers for H1 21. These are in line with Swissquote’s profit positive warning announced in mid-June. Revenues and pre-tax profit are well above the H1 20 level. These are in line with our expectations and we will adjust (upwards) our EPS for FY2021 in line with Swissquote’s new guidance. Guidance is rather conservative on the back of the uncertainty in revenues from crypto-currencies but management expects a susbtantial contribution from this asset class goi ....