Tradeweb Reports First Quarter 2019 Financial Results

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Go back to Tradeweb Reports First Quarter 2019 Financial Results

Tradeweb Markets (TW) Tops Q1 EPS by 1c; Revenues Beat; Initiates FY19 Operating Guidance

May 9, 2019 7:05 AM EDT

(Updated - May 9, 2019 8:01 AM EDT)

(Update corrects headline and body for correct adjusted EPS)

Tradeweb Markets (NASDAQ: TW) reported Q1 EPS of $0.23, $0.01 better than the analyst estimate of $0.22. Revenue for the quarter came in at $186.6 million versus the consensus estimate of $186.01 million.

A new quarterly record for average daily volume (ADV) of $646.6 billion represented an increase of 21.0%New quarterly... More