Virtu Financial (VIRT) Misses Q1 EPS by 4c
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Virtu Announces First Quarter 2016 Results
May 4, 2016 6:00 AM EDTNEW YORK, May 04, 2016 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, today reported results for the first quarter ended March 31, 2016.
First Quarter Selected Results
First Quarter 2016:
Net Income of $51.4 million; Adjusted Net Income* of $58.9 millionGAAP Basic EPS of $0.27; Diluted EPS of $0.26; Normalized Adjusted EPS* of $0.31Adjusted Net Trading Income* of $117.3 millionAdjusted EBITDA* of $81.1 million; Adjusted EBITDA Margin* of 67.9%Quarterly cash dividend of $0.24 per share payable on June 15,... More