Plus500 Reports Record Breaking First-Half Earnings for 2018

[kreslik.news]

Plus500, a contracts for differences (CFDs) broker, has announced its first-half core financial results for 2018 today. The firm, which saw a blowout first quarterand a strong second quarter of this year, has reported that its earnings have jumped by nearly threefold in the first half of 2018.

Revenues in the first half of 2018 more than doubled, coming in at $465.5 million. This is an increase of 147% from the first half of last year, which saw revenues of $188.4 million.

Earnings before interest, taxes, depreciation and amortization (EBITDA) was also up by an impressive 195% ... (read more)