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Virtu Financial: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Virtu Financial Inc. (VIRT) on Thursday reported second-quarter net income of $150.9 million.

The New York-based company said it had net income of $1.63 per share. Earnings, adjusted for pretax expenses and stock option expense, came to $1.82 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The high-speed trading company posted revenue of $1.19 billion in the period. Its adjusted revenue was $717.9 million, also beating Street forecasts. Four analysts surveyed by Zacks expected $662 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VIRT at https://www.zacks.com/ap/VIRT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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