Virtu Financial (NASDAQ: VIRT) reported Q4 EPS of $0.67, $0.05 better than the analyst estimate of $0.62. Revenue for the quarter came in at $442.2 million versus the consensus estimate of $292.59 million.

• Net income of $147.9 million, Normalized Adjusted Net Income* of $127.2 million
• Basic earnings per share of $0.75, and diluted earnings per share of $0.74; Normalized Adjusted EPS* of $0.67
• Total revenues of $442.2 million; Trading income, net of $366.2 million; Adjusted Net Trading Income* of $299.2 million
• Adjusted EBITDA* of $195.1 million; Adjusted EBITDA Margin* of 65.2%
• Quarterly cash dividend of $0.24 per share payable on March 15, 2019

“The benefits of Virtu’s scale and the fruits of our multi-asset class global business, as well as continued benefits from our acquisition of KCG all contributed to the outstanding performance in our business against a positive backdrop for our market making services. Our customer as well as non-customer facing market making platforms performed very well in the fourth quarter as volatility persisted. For the full year 2018, we demonstrated once again the durability of our model and the ability to generate strong earnings and cash flows even in less than ideal environments, and outperform when market conditions are more favorable,” said Douglas Cifu, Chief Executive Officer of Virtu Financial.

For earnings history and earnings-related data on Virtu Financial (VIRT) click here.