ITG (ITG) Misses Q2 EPS by 1c

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ITG Reports Second Quarter 2016 Results

July 28, 2016 6:59 AM EDT

NEW YORK, July 28, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE: ITG), a leading independent broker and financial technology provider, today reported results for the quarter ended June 30, 2016.

Second quarter 2016 highlights included:

GAAP net loss of $5.2 million, or $0.16 per diluted share compared to GAAP net loss of $10.2 million, or $0.30 per diluted share for the second quarter of 2015. GAAP results for the second quarter of 2016 include the impact of charges and a partial offsetting gain netting to $7.1 million, or $0.14 per diluted share after taxes, for (i) settlement costs and associated legal... More