Virtu Financial Q4 2024 Earnings Report
Key Takeaways
Virtu Financial, Inc. reported a significant increase in financial performance for the fourth quarter ended December 31, 2024. Total revenues increased by 55.7% to $834.3 million, and net income totaled $176.1 million, a substantial increase compared to the prior year quarter. Basic and diluted earnings per share were $1.03. The company also executed share buybacks of $57.1 million.
Total revenues increased by 55.7% to $834.3 million.
Net income totaled $176.1 million, compared to $6.7 million in the prior year quarter.
Basic and diluted earnings per share were $1.03, compared to $0.05 for the same period in 2023.
Adjusted EBITDA increased 186.4% to $283.5 million.
Virtu Financial
Virtu Financial
Virtu Financial Revenue by Segment
Forward Guidance
Virtu Financial will host a conference call to review its fourth quarter 2024 financial performance today, January 29th, at 8:30 a.m. ET.