Virtu Announces Second Quarter 2019 Results

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Virtu Financial (VIRT) Misses Q2 EPS by 11c, Revenues Beat

August 8, 2019 6:02 AM EDT

Virtu Financial (NASDAQ: VIRT) reported Q2 EPS of $0.16, $0.11 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $378.5 million versus the consensus estimate of $262.19 million.

Second Quarter 2019 Selected Highlights

Net loss of $55.5 million, as a result of costs associated with the ITG acquisition and amortization of purchased intangibles; Normalized... More