Virtu Financial (VIRT) Misses Q2 EPS by 18c

Virtu Financial (NASDAQ: VIRT) reported Q2 EPS of $0.63, $0.18 worse than the analyst estimate of $0.81. Revenue for the quarter came in at $384.8 million versus the consensus estimate of $381.03 million.

"Our results reflect our resilient and balanced business model, against a backdrop of more muted market activity in the second quarter," said Douglas Cifu, CEO of Virtu Financial. "Our growth initiatives continue to produce steady results, especially in options where our business increased overall despite the decline in market volumes."

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

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