Plus500 - Re: PLUS Stream Log - Plus500 Q3 Revenue Surges; Sees...

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07:51 22/10/2014

Plus500 Q3 Revenue Surges; Sees FY14 Revenue, Profit Ahead Of Market View RELATED NEWS Plus500 H1 Profit Soars - Quick Facts 10/22/2014 2:42 AM ET CFD broker Plus500 Ltd (PLUS.L) on Wednesday said its total revenue for the third quarter climbed to $56.2 million from $20 million last year, as Average revenue per user or ARPU more than doubled in almost all countries compared with last year. In its interim trading update, the firm said it now expects annual revenue and profit to exceed current market expectations. In addition, the group has received a CFD market maker licence from the Cyprus Securities and Exchange Commission to operate as a regulated investment firm. This brings the company in line with other CFD providers that maintain multiple licences throughout Europe.

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