Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products that leverages cutting edge technology, today reported results for the fourth quarter ended December 31, 2022.
Total revenues for the final quarter of 2022 decreased 29.5% to $497.8 million, compared to $705.6 million for the equivalent period in 2021.
Trading income, net, decreased to $313.3 million for the quarter compared to $513.4 million for the same period in 2021. Net income totaled $39.6 million for this quarter, compared to net income of $186.0 million in the prior year quarter.
Basic and diluted earnings per share for the final quarter of 2022 were $0.27, compared to a basic and diluted earnings per share of $0.90,…
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