Virtu Financial (VIRT) Tops Q1 EPS by 16c

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Virtu Announces First Quarter 2023 Results

April 20, 2023 7:00 AM EDT

NEW YORK, April 20, 2023 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the first quarter ended March 31, 2023.

First Quarter 2023:

Net income of $110.1 million; Net income margin of 29.5%; Normalized Adjusted Net Income1 of $127.6 millionBasic and diluted earnings per share of $0.56; Normalized Adjusted EPS1 of $0.74Total revenues of $610.5 million; Trading income, net, of $411.5 million... More