ITG (ITG) Tops Q1 EPS by 1c

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ITG Reports First Quarter 2016 Results    

May 5, 2016 6:59 AM EDT

NEW YORK, May 05, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE: ITG), a leading independent broker and financial technology provider, today reported results for the quarter ended March 31, 2016.

First quarter 2016 highlights included:

GAAP net loss of $2.5 million, or $0.08 per diluted share compared to GAAP net income of $16.7 million, or $0.47 per diluted share for the first quarter of 2015. GAAP results for the first quarter of 2016 include (i) the amount expensed during the first quarter of 2016 of $2.8 million pre-tax, or $0.08 per diluted share after taxes, for upfront cash and stock... More