KCG Holdings (KCG) Swings to Q3 Loss

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Go back to KCG Holdings (KCG) Swings to Q3 Loss

KCG ANNOUNCES THIRD QUARTER 2016 RESULTS

October 20, 2016 7:02 AM EDT


KCG ANNOUNCES CONSOLIDATED LOSS OF $0.13 PER SHARE
FOR THE THIRD QUARTER OF 2016

JERSEY CITY, New Jersey - October 20, 2016 - KCG Holdings, Inc. (NYSE: KCG) today reported a consolidated loss of $11.2 million, or $0.13 per share, for the third quarter of 2016. The third quarter consolidated loss includes an income tax benefit of approximately $6.1 million or $0.07 per share primarily related to tax deductions and credits generated from the company's software development activities.

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