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.


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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