Virtu Financial (VIRT) Tops Q3 EPS by 1c, Revenues Beat
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Virtu Announces Third Quarter 2018 Results
November 7, 2018 6:05 AM ESTNEW YORK, Nov. 07, 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 third quarter ended September 30, 2018.
Third Quarter Selected Highlights
Net income of $15.6 million, Normalized Adjusted Net Income* of $42.0 millionBasic and diluted earnings per share of $0.08; Normalized Adjusted EPS* of $0.22Total revenues of $295.1 million; Trading income, net of $235.7 million; Adjusted Net Trading Income* of $177.9 millionAdjusted EBITDA* of $88.3 million; Adjusted EBITDA Margin* of 49.6%Repurchased... More