UP Fintech Holding LimitedNASDAQ: TIGR

SINGAPORE, June 05, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (NASDAQ: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced its unaudited financial results for the first quarter ended March 31, 2024.

UP Fintech Holding Limited (TIGR) Q4 2023 Earnings Call Transcript

SINGAPORE, March 11, 2024 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the fourth quarter and full year ended December 31, 2023, before the U.S. market opens on March 20, 2024.

SINGAPORE, Nov. 14, 2023 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the third quarter ended September 30, 2023, before the U.S. market opens on November 27, 2023.

UP Fintech Holding Limited trades at a PEG ratio of above 1 times, and the stock's consensus forward price-to-sales multiple has doubled in the past month. UP Fintech's earnings are projected to contract in the second half of this year, considering expectations of a decrease in other income and an increase in marketing expenses. I revise my rating for UP Fintech Holding Limited to a Sell, as I think that there is a mismatch between the stock's valuations and the company's financial prospects.

UP Fintech easily beat expectations with its second-quarter 2023 report. Management reiterated that it's on track to add 100,000 new funded accounts in 2023.

Up Fintech handily exceeded estimates on both revenue and earnings in the second quarter. Despite weakness in China and Hong Kong, the Singapore-based online brokerage saw healthy funded accounts growth and asset inflows as customer acquisition costs declined.

UP Fintech Holdings Limited (NASDAQ:TIGR ) Q2 2023 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Tianhua Wu - Chief Executive Officer John Zeng - Chief Financial Officer Aaron Li - Investor Relations Conference Call Participants Han Pu - CICC Judy Zhang - Citi Cindy Wang - China Renaissance Ling Ta - Daiwa Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to UP Fintech Holdings Limited second quarter 2023 earnings conference call. At this time, all participants are in a listen-only mode.

SINGAPORE, Aug. 15, 2023 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (“UP Fintech” or the “Company”) (NASDAQ: TIGR), a leading online brokerage firm focusing on global investors, today announced that it will report its financial results for the second quarter ended June 30, 2023, before the U.S. market opens on August 29, 2023.