Virtu Financial (VIRT) Misses Q1 EPS by 3c, Revenues Beat

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Virtu Announces First Quarter 2019 Results

May 3, 2019 6:00 AM EDT

NEW YORK, May 03, 2019 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a technology enabled global market maker and provider of innovative, transparent trading solutions and integrated workflow products, today reported results for the first quarter ended March 31, 2019.

First Quarter 2019 Selected Highlights

Reported results include Investment Technology Group, Inc. (ITG) from March 1 through March 31, 2019

Net loss of $13.6 million, as a result of costs associated with the ITG acquisition and amortization of purchased intangibles; Normalized Adjusted Net Income* of $64.6 millionBasic and diluted loss per share... More