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Mar 31, 2021
Virtu Financial Q1 2021 Earnings Report
Virtu Financial reported record performance in Virtu Execution Services and robust results in market making business, which led to a record 77.6% Adjusted EBITDA Margin.
Key Takeaways
Virtu Financial's Q1 2021 total revenues increased by 1.2% to $1,012.6 million, driven by higher trading volumes in U.S. equities despite lower volatility. Net income totaled $409.2 million, with basic earnings per share at $1.91 and diluted earnings per share at $1.89.
Total revenues increased 1.2% to $1,012.6 million.
Trading income, net, increased 1.3% to $812.7 million.
Net income totaled $409.2 million.
The Board of Directors authorized an additional $300 million in share repurchases.
Virtu Financial
Virtu Financial
Virtu Financial Revenue by Segment
Revenue by Segment
Market Making Revenue
CapyFin.comExecution Services Revenue
CapyFin.com Forward Guidance
In May 2021, the Virtu Financial, Inc. Board of Directors approved the expansion of the share repurchase program, increasing the total amount authorized by $300 million to $470 million and extending the duration of the program through May 4, 2022.