Gain Capital (GCAP) Misses Q4 EPS by 2c
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GAIN Capital Reports Fourth Quarter and Full Year 2016 Results
March 9, 2017 4:01 PM ESTBEDMINSTER, N.J., March 9, 2017 /PRNewswire/ --Â
Highlights
Quarterly GAAP net income of $20.8 million increased 91% year-over-year, while full year 2016 GAAP net income of $35.3 million increased 243% Achieved approximately $100 million in adjusted EBITDA(1) for the full year, driven by a strong fourth quarter performance, with quarterly adjusted EBITDA(1) of $36.9 million Reported GAAP diluted EPS of $0.42 and $0.67, for the fourth quarter and full year 2016, respectively Adjusted diluted EPS(1) of $0.43 and $0.92 for the fourth quarter and full year 2016, respectively Returned over $20 million to investors via buybacks and dividends during... More