eToro Q3 Earnings Release: Fund Accounts and Assets Under Management Hit Record Highs
ETOR Etoro Group Ltd
$21.56 -7.55%
View chart & analysis → - 1eToro recorded $4.39 million in fund managed accounts for Q3, an 18% increase year-over-year.
- 2eToro achieved $11.5 billion in assets under management for Q3, a 24% increase year-over-year.
- 3eToro announced a $250 million share buyback program.
So what's the key point?
eToro's fund accounts and managed assets grew significantly compared to last year. The company reached $11.5 billion in assets under management as it decided to buy back its own shares.
Source The Motley Fool +1 · View original ↗
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