Virtu Financial: Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Virtu Financial Inc. (VIRT) on Wednesday reported second-quarter net income of $151.2 million.

The New York-based company said it had net income of $1.65 per share. Earnings, adjusted for one-time gains and costs, were $1.53 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.

The high-speed trading company posted revenue of $999.6 million in the period. Its adjusted revenue was $567.7 million, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $519.2 million.

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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 VIRT at https://www.zacks.com/ap/VIRT