A-Mark Precious Metals (AMRK) saw its stock price soar 5.12% in the pre-market trading session on Friday, following the release of its fiscal Q2 2025 earnings report and acquisition news.
The company reported a 32% increase in revenues for the quarter, reaching $2.742 billion, driven by higher average selling prices of gold and silver. Additionally, A-Mark Precious Metals announced a definitive agreement to acquire Spectrum Group International, expanding its presence into premium collectible and luxury markets.
A-Mark's direct-to-consumer (DTC) segment also showed strong performance, contributing 21% of consolidated revenue in fiscal Q2 2025, up from 18% in the previous year. The company reported a 25% year-over-year increase in the number of new DTC customers, indicating successful marketing efforts and customer acquisition strategies.
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