secwatch.observer — SEC 8-K summary
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Issuer:     BGC Group, Inc. (BGC)
CIK:        0001094831
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001628280-23-005160
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BGC Partners Q4 GAAP EPS $0.01, down 95% YoY; adjusted EPS $0.16, down 5.9%
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- GAAP net income for fully diluted shares $2.8M in Q4 2022 vs $103.0M in Q4 2021, down 97.3%.
- GAAP fully diluted EPS $0.01 vs $0.20, down 95%; full year EPS $0.13 vs $0.32, down 59.4%.
- Adjusted EBITDA $124.0M in Q4 2022 vs $230.3M, down 46.2%; full year $486.2M vs $588.3M, down 17.4%.
- Post-tax Adjusted EPS $0.16 vs $0.17, down 5.9% in Q4; full year $0.69 vs $0.65, up 6.2%.
- CEO Howard Lutnick cites return of interest rates and Fenics investment as growth drivers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094831/000162828023005160/0001628280-23-005160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094831/000162828023005160/bgcp-20230227.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-005160

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