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Virtu Financial: 2Q Earnings Snapshot

August 8, 2019

NEW YORK (AP) _ Virtu Financial Inc. (VIRT) on Thursday reported a second-quarter loss of $29.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 27 cents. Earnings, adjusted for non-recurring costs and amortization costs, were 16 cents per share.

The high-speed trading company posted revenue of $378.5 million in the period. Its adjusted revenue was $238.9 million.

Virtu Financial shares have decreased 15% since the beginning of the year. The stock has increased 7.5% 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 VIRT at https://www.zacks.com/ap/VIRT

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