AP NEWS

Investment Technology: 3Q Earnings Snapshot

November 7, 2018

NEW YORK (AP) _ Investment Technology Group Inc. (ITG) on Wednesday reported third-quarter net income of $229,000, after reporting a loss in the same period a year earlier.

The New York-based company said it had earnings of 1 cent per share. Earnings, adjusted for non-recurring costs, were 16 cents per share.

The financial technology firm posted revenue of $120.8 million in the period. Its revenue net of interest expense was $120.8 million, surpassing Street forecasts.

Investment Technology shares have climbed 44 percent since the beginning of the year. The stock has risen 46 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITG at https://www.zacks.com/ap/ITG

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