Virtu Financial, Inc. (NASDAQ:VIRT), a leading provider of financial services and products to the global markets, today reported results for the first quarter ended March 31, 2023.
Total revenues decreased 12.9% to $610.5 million for the first three months of 2023 compared to $701.3 million for the same period in 2022.
Trading income, net, decreased to $411.5 million for the quarter compared to $522.3 million for the same period in 2022. Net income totalled $110.1 million for this quarter, compared to net income of $199.9 million in the prior year quarter.
Basic and diluted earnings per share for this quarter were $0.56, compared to a basic and diluted earnings per share of $0.99, and $0.98, respectively, for the same period in 2022.
Adjusted Net Trading Income decreased 26.1% to $373.1 million for…
Read More
