earnings
confidence high
sentiment positive
materiality 0.75
BGC reports record Q4 revenue up 18.4%, adjusted EPS $0.21, FMX exchange approved
BGC Group, Inc.
2023-FY EPS reported
$0.07
revenue$2,025,401,000
- Q4 revenues $516.8M (+18.4% YoY); FY23 revenues $2,025.4M (+12.8% YoY).
- GAAP diluted EPS $0.04 (Q4), $0.07 (FY); post-tax adjusted EPS $0.21 (Q4), $0.82 (FY).
- Adjusted EBITDA Q4 $151.6M (+22.3% YoY); FY $573.7M (+18.0% YoY).
- CFTC approved FMX exchange for U.S. interest rate futures; launch expected summer 2024.