Trading firm Virtu Financial falls on lower Q2 profit, revenue

Virtu Financial

26/07/2023 13:05

** Shares of brokerage Virtu Financial  VIRT.O  down 2.5% at
$18.05 premarket
    ** Co reports a 16.2% drop in Q2 revenue to $506.90 mln from
a year earlier
    ** Net trading income fell 22.7% to $306.2 mln for the
quarter ending June 30
    ** Q2 adj. profit fell to 37 cents per share vs adj. profit
of 73 cents per share a year ago  
    ** Up to last close, stock had fallen ~9% YTD

 (Reporting by Juveria Tabassum in Bengaluru)
 ((Juveria.Tabassum@thomsonreuters.com;))