ITG (ITG) Tops Q1 EPS by 1c

ITG (NYSE: ITG) reported Q1 EPS of $0.05, $0.01 better than the analyst estimate of $0.04. Revenue for the quarter came in at $124.7 million versus the consensus estimate of $123.45 million.

Commenting on the results, ITG Chief Executive Officer and President, Frank Troise, said, “We are regaining business momentum, as shown by the sequential revenue improvements in all four of our operating regions, although work still needs to be done to engage more deeply with our clients. As we conclude our end-to-end business review in the coming months we will look to make targeted investments to establish our place as the best-in-class provider of execution, liquidity, workflow and measurement solutions to the institutional trading community.”

For earnings history and earnings-related data on ITG (ITG) click here.

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