BGC Q2 2024 record revenue $550.8M, up 11.7% YoY; adjusted EPS $0.23

BGC Group, Inc.

2024-Q2 EPS reported $0.17 revenue$1,129,375,000

GAAP net income $36.1M ($0.08 diluted EPS) vs. $19.7M loss ($0.05 loss) a year ago.
Post-tax adjusted earnings $114.7M ($0.23 per share), up 14.7% YoY.
Adjusted EBITDA $162.4M, up 20.2%; FMX UST volumes +37%, FX volumes +30%.
FMX and LCH received full CFTC approval to launch SOFR futures exchange in September.
Dividend declared of $0.01 per share, payable Aug 28, 2024 to holders of record Aug 14.

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