Virtu Monetary sees web revenue rise to $117.6M in Q3 2023

Virtu Monetary, Inc. (NASDAQ:VIRT), a supplier of monetary providers and merchandise, as we speak reported outcomes for the third quarter ended September 30, 2023.

Whole revenues elevated 12.3% to $630.2 million for the third quarter of 2023, in comparison with $561.0 million for a similar interval in 2022.

Buying and selling revenue, web, decreased to $316.1 million for the quarter in comparison with $397.4 million for a similar interval in 2022. Different, web elevated to $76.1 million for this quarter in comparison with ($1.0) million for a similar interval in 2022.

Internet revenue totalled $117.6 million for this quarter, in comparison with web revenue of $79.9 million within the prior yr quarter.

Fundamental and diluted earnings per share for this quarter have been $0.63, in comparison with a primary earnings per share of $0.38 and diluted earnings per share of $0.37, for a similar interval in 2022.

Adjusted Internet Buying and selling Earnings decreased 10.0% to $298.0 million for this quarter, in comparison with $331.1 million for a similar interval in 2022. Adjusted EBITDA decreased 22.7% to $139.5 million for this quarter, in comparison with $180.6 million for a similar interval in 2022.

The Virtu Monetary, Inc. Board of Administrators declared a quarterly money dividend of $0.24 per share. This dividend is payable on December 15, 2023 to shareholders of file as of December 1, 2023.



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