ITG Reports Second Quarter 2018 Results
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ITG (ITG) Tops Q2 EPS by 1c, Revenues Beat
August 8, 2018 7:00 AM EDTITG (NYSE: ITG) reported Q2 EPS of $0.27, $0.01 better than the analyst estimate of $0.26. Revenue for the quarter came in at $128.5 million versus the consensus estimate of $126.4 million.
GAAP net loss of $3.0 million, or $0.09 per diluted share, and adjusted net income of $9.2 million, or $0.27 per diluted share. This compares to GAAP net income of $4.6 million, or $0.14 per diluted share for the second quarter of 2017.GAAP results for the second quarter of 2018 include a charge for the establishment of an accrual for the potential settlement of an SEC investigation into U.S. POSIT operational... More