Virtu Financial, Inc. (NASDAQ:VIRT), a provider of financial services and products, today reported results for the third quarter ended September 30, 2024.
Total revenues increased 12.2% to $706.8 million for the third quarter of 2024, compared to $630.2 million for the same period in 2023. Trading income, net, increased 40.5% to $444.0 million for the quarter compared to $316.1 million for the same period in 2023.
Net income totaled $119.0 million for this quarter, compared to net income of $117.6 million in the prior year quarter.
Basic and diluted earnings per share for this quarter were $0.65 and $0.64, respectively, compared to basic and diluted earnings per share of $0.63 and $0.63, respectively, for the same period in 2023.
Adjusted Net Trading Income increased 30.2% to $388.0 million for the third quarter of 2024, compared to…
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