BGC posts record Q1 revenue of $578.6M, up 8.6% YoY; FMX strategic partners invest $172M

BGC Group, Inc.

2024-Q1 EPS reported $0.10 revenue$578,614,000

GAAP net income $46.4M ($0.10 diluted EPS), up 92% YoY; Adjusted EPS $0.25, up 8.7%.
Adjusted EBITDA $208.4M, up 37.9% YoY; revenues $578.6M, a Q1 record.
10 major financial institutions invested $172M in FMX at a $667M post-money valuation.
CEO says investment validates BGC's technology and vision to reshape U.S. interest rate markets.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BGC Group, Inc. reported financial results for the quarter ended March 31, 2024.

Period: the quarter ended March 31, 2024
Result: reported results

Exact text from the filing

On April 30, 2024, BGC Group, Inc. (the “Registrant,” “we,” “us,” “BGC Group,” “BGC,” or the “Company”) issued a press release announcing its financial results for the quarter and year ended March 31, 2024.

View on SEC.gov

379 earnings releases filed in the last 30 days. Browse all earnings releases →

BGC Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-24-019192

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.