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Mar 31, 2024
Virtu Financial Q1 2024 Earnings Report
Virtu Financial's financial performance for Q1 2024 was announced, demonstrating increased total revenues but decreased trading income and adjusted EBITDA compared to the same period last year.
Key Takeaways
Virtu Financial reported a mixed performance for Q1 2024. Total revenues increased by 3.6% to $642.8 million, while trading income decreased slightly by 1.1% to $408.1 million. Net income increased to $111.3 million, with earnings per share at $0.59. The company also authorized an additional $500 million for share repurchases.
Total revenues increased by 3.6% year-over-year to $642.8 million.
Net income rose to $111.3 million, with EPS at $0.59.
Trading income decreased slightly by 1.1% to $408.1 million.
An additional $500 million share repurchase program was authorized.
Virtu Financial
Virtu Financial
Virtu Financial Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the document.
Revenue & Expenses
Visualization of income flow from segment revenue to net income