Virtu Financial (VIRT) Misses Q2 EPS by 3c, Beats on Revenues
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Virtu Financial (NASDAQ: VIRT) reported Q2 EPS of $0.13, $0.03 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $144.9 million versus the consensus estimate of $82.59 million.
Second Quarter Selected Results
- Net income of $4.4 million; Normalized Adjusted Net Income* of $17.8 million
- Basic and Diluted EPS of $0.01; Normalized Adjusted EPS* of $0.13
- Total revenues of $144.9 million; Adjusted Net Trading Income* of $74.0 million
- Adjusted EBITDA* of $40.9 million; Adjusted EBITDA Margin* of 53.1%
- Quarterly cash dividend of $0.24 per share payable on September 15, 2017
For earnings history and earnings-related data on Virtu Financial (VIRT) click here.
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