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ITG Reports Second Quarter 2018 Results

August 8, 2018 6:59 AM EDT

NEW YORK, Aug. 08, 2018 (GLOBE NEWSWIRE) -- ITG (NYSE: ITG), a leading independent agency broker and financial technology provider, today reported results for the quarter ended June 30, 2018.

Second Quarter 2018 Highlights

GAAP net loss of $3.0 million, or $0.09 per diluted share, and adjusted net income of $9.2 million, or $0.27 per diluted share. This compares to GAAP net income of $4.6 million, or $0.14 per diluted share for the second quarter of 2017.GAAP results for the second quarter of 2018 include a charge for the establishment of an accrual for the... More