Virtu Announces Fourth Quarter and Full Year 2019 Results

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Virtu Financial (VIRT) Tops Q4 EPS by 4c, Revenues Beat

February 11, 2020 6:07 AM EST

Virtu Financial (NASDAQ: VIRT) reported Q4 EPS of $0.27, $0.04 better than the analyst estimate of $0.23. Revenue for the quarter came in at $403.3 million versus the consensus estimate of $247.75 million.

Fourth Quarter 2019:

Net loss of $29.4 million driven by acquisition related costs; Normalized Adjusted Net Income1 of $51.4 millionBasic and diluted loss per share of $0.16; Normalized Adjusted EPS1 of $0.27Total... More