Keefe, Bruyette & Woods Downgrades FXCM Inc (FXCM) to Underperform on Valuation
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FXCM Inc. Announces Fourth Quarter 2014 Results
March 12, 2015 4:05 PM EDTReleases February 2015 Operating Metrics
Fourth Quarter 2014 Highlights:
U.S. GAAP revenues of $134.7 million, up 19% versus the same period in 2013 and up 16% from the third quarter 2014 U.S. GAAP net income attributable to FXCM Inc. of $15.8 million or $0.35 per fully diluted share versus $0.08 per fully diluted share for the same period in 2013 and $0.05 per fully diluted share in the third quarter 2014 Adjusted EBITDA of $40.8 million, up 53% versus the same period in 2013 and up 43% from the third quarter 2014 Net income on an adjusted basis of $16.1... More