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.
No specific forward guidance was provided in the document.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance