TipRanks
2022-02-15 16:33:12

Voyager Digital Swings to Profit in Q2

Shares of Voyager Digital (TSE: VOYG) jumped more than 10% in early trading Tuesday after the crypto company reported a strong rise in revenue and a profit. Q2 2022 Results Revenue for the quarter ended December 31 came in at $164.8 million, an increase of more than 4,400% from $3.5 million in the prior-year quarter.   Net income was $2.6 million in Q2 2022, compared to a loss of $9 million in Q2 2021. Total funded accounts exceeded 1,074,000 and were up 25% from 860,000 at the quarter ended September 30, 2021. Total assets on platform grew to $5.9 billion from $4.3 billion as of September 30.

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