Virtu Financial (VIRT) Posts Mixed Q2 Results
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Virtu Announces Second Quarter 2015 Results
August 5, 2015 5:00 AM EDTNEW YORK, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Virtu Financial, Inc. (NASDAQ: VIRT) a leading technology-enabled market maker and liquidity provider to the global financial markets, which priced its initial public offering on April 15, 2015, today reported results for the second quarter ended June 30, 2015.
Second Quarter Selected Results*
GAAP Net Income of $7.6 million; Adjusted Net Income** of $55.9 million, which excludes IPO related adjustments GAAP Basic and Diluted EPS of $0.01; Normalized EPS** of $0.27 Adjusted Net Trading Income** of $105.9 million, up 12.0% Adjusted EBITDA** of $73.3 million, up 27.0%; Adjusted EBITDA Margin of 67.5% Quarterly cash... More