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FIGR — Figure Technology Solutions News Story

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Blockchain lender Figure jumps after Q3 revenue beat

** Blockchain lender Figure Technology Solutions' FIGR.O shares jump 17.3% to $40.59

** FIGR late Thursday reported Q3 revenue of $156.4 million topping Wall Street estimates of $119 million

** Analysts say it was a "very strong beat" out of the gate for FIGR in its first earnings release as a public company

** Keefe, Bruyette & Woods says the beat was driven by stronger consumer loan marketplace volume, which vaulted 70% from a year earlier in Q3

** 6 of 7 brokerages rate the stock "buy" or higher and 1 "hold"; median PT $48.50 - data compiled by LSEG

** As of last close, FIGR stock up 38.4% from IPO price since debut in September

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))

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