earnings
confidence high
sentiment positive
materiality 0.65
Virtu Q2 net income $108.9M, adjusted EPS $0.63; declares $0.24 dividend
Virtu Financial, Inc.
2021-Q2 EPS reported
$2.41
revenue$1,561,537,000
- Net income of $108.9M ($0.50 diluted EPS); Normalized Adjusted Net Income $122.3M ($0.63 adj EPS)
- Total revenues $549.0M; Adjusted Net Trading Income $341.8M; Adjusted EBITDA $197.3M (57.7% margin)
- Share repurchases of $101.3M (3.4M shares) during Q2
- Quarterly dividend of $0.24 per share declared, payable Sept 15, 2021 to holders of record Sept 1
- CEO Douglas Cifu cited resilient business model and growth in options despite muted market activity