Virtu Financial Q3: Earnings Beat, Revenue Surge, Dividend Payout & More

Virtu Financial, Inc. (NASDAQ:VIRT) shares are trading lower on Thursday.

The company reported third-quarter adjusted earnings per share of 82 cents, beating the analyst consensus estimate of 79 cents. Quarterly revenues increased to $706.84 million, up 12.2% from the prior year.

Trading income, net, surged 40.5% to $444.0 million for the quarter, up from $316.1 million in the same period last year.

Adjusted net trading income rose 30.2% to $388.03 million this ...