(Updates with the company's latest stock move in the headline and in the first paragraph.)
Hyperliquid Strategies (PURR) shares were up 16.5% in Thursday trading after the company reported better-than-expected fiscal 2026 net income.
The company posted fiscal 2026 net income of $305.5 million. Two analysts polled by FactSet expected a net loss of $168.3 million.
Staking revenue and validator commissions for the fiscal year ended June 30 was $9.5 million.
As of June 30, the company said it had total assets of $2.06 billion, including $1.9 billion in HYPE tokens.
Price: $13.44, Change: $+1.88, Percent Change: +16.22%