Virtu Financial (VIRT) Misses Q2 EPS by 7c, Revenues Beat
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Virtu Announces Second Quarter 2018 Results
July 27, 2018 7:00 AM EDTNEW YORK, July 27, 2018 (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 second quarter ended June 30, 2018.
Second Quarter Selected Highlights
Net income of $46.6 million, Normalized Adjusted Net Income* of $59.6 millionBasic earnings per share of $0.25; Diluted earnings per share of $0.24; Normalized Adjusted EPS* of $0.31Total revenues of $328.1 million; Adjusted Net Trading Income* of $202.9 millionAdjusted EBITDA* of $112.4 million; Adjusted EBITDA Margin* of... More