Blackboxstocks Inc Stock Price, News & Analysis

Blackboxstocks, Inc. (NASDAQ: BLBX) will present at the H.C. Wainwright 24th Annual Global Investment Conference in New York City from September 12-14, 2022. The presentation will take place on Monday, September 12 at 5:00pm ET, featuring CEO Gust Kepler, COO Eric Pharis, and CFO Bob Winspear. Blackboxstocks combines financial technology with social media to deliver real-time analytics for traders, scanning over 10,000 stocks and 1.5 million options contracts. The platform supports a subscription model starting at $99.97 per month.

Blackboxstocks Inc. (NASDAQ: BLBX) reported second quarter 2022 revenue of $1,399,315, down from $1,463,608 in Q2 2021 but up from $1,272,486 in Q1 2022. Average member count increased to 6,181 from 5,482 year-over-year. Adjusted EBITDA stood at $(1,036,737) versus $(112,141) in the prior year. The company holds $7.1 million in cash and marketable securities. Blackbox launched its mobile app in April and continues to develop new products, including the upcoming Stock Nanny, targeting self-directed investors.

Blackboxstocks Inc. (NASDAQ: BLBX) will hold its quarterly conference call on August 15th at 4:30pm ET to discuss Q2 2022 financial results. A press release will precede the call, issuing financial results at 4:01pm ET. Interested participants can join the call by calling (877) 317-6789, while a simultaneous webcast will be available on the company’s website. Blackboxstocks is known for its financial technology platform that provides analytics for stock and options traders, leveraging artificial intelligence in its offerings.

Blackboxstocks Inc. (NASDAQ: BLBX) announced that Ascendiant Capital Markets has begun independent equity research coverage on the company. This report, led by Senior Research Analyst Edward Woo, is now accessible to the public. Blackboxstocks offers a financial technology platform that provides real-time analytics for stock and options traders, supported by AI technology. The company continues to grow with a subscription model priced at $99.97 monthly or $959 annually, serving users in 42 countries.

Blackboxstocks Inc. (NASDAQ: BLBX) reported a first-quarter revenue of $1,272,486, down from $1,489,668 in 2021. Adjusted EBITDA was $(893,846), a decline from $149,456 a year earlier. Cash and marketable securities stood at $8.6 million. Despite a first-quarter dip in revenue due to promotional campaigns, total member count increased to 7,400. The company launched a mobile app post-quarter and will develop new products targeting a broader market. Operational costs rose due to investments in development and headcount.

Blackboxstocks Inc. (NASDAQ: BLBX) will hold a quarterly conference call on May 17 at 10:00am EDT to discuss its Q1 2022 financial results, with a press release set for May 16 after market close. The conference call aims to provide insights about the company's financial performance and future outlook. Blackboxstocks combines financial technology with social media, offering real-time analytics for stock and options traders globally. Subscription fees are $99.97 monthly or $959.00 annually.

Blackboxstocks, Inc. (NASDAQ: BLBX) has announced the launch of its new mobile application for iOS and Android, providing over 90% of the features available on its desktop version. The app includes real-time analytics, audio chat rooms, and customizable push notifications for stock alerts. CEO Gust Kepler highlighted the app's importance for traders who face workplace restrictions on desktop access, while CTO Brandon Smith emphasized the app's robust features for mobile subscribers. The launch aims to enhance user accessibility and engagement in trading.

Blackboxstocks, Inc. (NASDAQ: BLBX) has integrated its trading platform with E*TRADE, enhancing user experience for over 5 million E*TRADE clients. This integration allows Blackbox users to execute stock and options trades right from the Blackbox platform, utilizing the Quick-Click feature for faster order entry. The partnership is positioned to capitalize on the growing number of options traders since 2020, streamlining the trading process significantly.

Blackboxstocks, Inc. (NASDAQ: BLBX) announced a joint venture with CoinRoutes to offer retail traders proprietary analytics and a trading platform for cryptocurrencies. Blackbox aims to democratize financial trading with advanced analytics, while CoinRoutes enhances this with its patent pending order execution system. Since its inception in 2017, CoinRoutes has catered to institutional clients with high-quality order execution and market data. The partnership is expected to leverage both companies' technologies to provide better access to cryptocurrency trading for retail investors.