earnings
confidence high
sentiment positive
materiality 0.80
Virtu Financial Q3 2021: Net income $123.1M, EPS $0.59, authorizes additional $750M buyback
Virtu Financial, Inc.
2021-Q3 EPS reported
$3.01
revenue$2,105,881,000
- Net income $123.1M ($0.59 EPS); Normalized Adjusted Net Income $132.2M ($0.70 EPS).
- Total revenues $544.3M; Adjusted Net Trading Income $354.4M; Adj. EBITDA $210.7M (margin 59.5%).
- Board authorized additional $750M share repurchase program over two years.
- Quarterly dividend $0.24 per share, payable Dec 15, 2021 to holders of record Dec 1, 2021.
- Share buybacks in Q3: $138.9M (5.4M shares) under existing program.