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Sep 30, 2022

Virtu Financial Q3 2022 Earnings Report

Virtu Financial reported an increase in total revenues but a decrease in net income for Q3 2022.

Key Takeaways

Virtu Financial's Q3 2022 results showed mixed performance. Total revenues increased by 3.1% to $561.0 million, but net income decreased to $79.9 million compared to the same period last year. Diluted earnings per share were $0.37, also down from $0.59 in the prior year quarter.

Total revenues increased by 3.1% to $561.0 million.

Trading income, net, increased to $397.4 million.

Net income totaled $79.9 million.

Diluted earnings per share were $0.37.

Total Revenue
$331M
Previous year: $544M
-39.2%
EPS
$0.61
Previous year: $0.7
-12.9%
Gross Profit
$473M
Previous year: $496M
-4.8%
Cash and Equivalents
$836M
Previous year: $754M
+10.9%
Free Cash Flow
$229M
Previous year: $15.3M
+1390.7%
Total Assets
$11B
Previous year: $10.4B
+5.2%

Virtu Financial

Virtu Financial

Forward Guidance

No specific forward guidance was provided in the press release.