Plus500 Posts Record Quarter, User Acquisition Costs Slashed in Half

[kreslik.news]

Plus500 (LON:PLUS) continues to defy gravity when it comes to performance expectations. The firm’s revenues for the third quarter of the year totaled $116.5 million. This is a whopping 50 percent increase from a year ago.

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The number of new customers at Plus500 ballooned to 42,492 from about 25,000 for the same period last year. The figure is higher by 69 percent, as active clients increased by about a third to 94,610.


[size=160]Average User Acquisition ... (read more)