secwatch.observer — SEC 8-K summary
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Issuer:     Virtu Financial, Inc. (VIRT)
CIK:        0001592386
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001592386-24-000070
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Virtu Q2 net income $128.1M, EPS $0.71; declares $0.24 dividend, completes $1.7B debt refi
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- Net income $128.1M, diluted EPS $0.71; Normalized Adjusted Net Income $135.3M, Normalized Adjusted EPS $0.83.
- Total revenues $693.0M; Trading income $426.4M; Adjusted Net Trading Income $385.1M.
- Adjusted EBITDA $217.5M (56.5% margin).
- Board declares $0.24 quarterly cash dividend payable Sept 15, 2024 to record holders Sept 1.
- Completed $1.7B debt refinancing: $1.2B term loan and $0.5B notes, both due 2031.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1592386/000159238624000070/0001592386-24-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1592386/000159238624000070/virt-20240718.htm
  HTML page:      https://secwatch.observer/filing/0001592386-24-000070

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer