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UPDATE: Interactive Brokers Q4 Net Profit Down 33%

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Interactive Brokers Group (NASDAQ: IBKR) reported a 33% decline in its Q4 net income.

Interactive Brokers' quarterly profit fell to $9.1 million, or $0.19 per share, from $13.6 million, or $0.29 per share, in the year-ago period.

Its revenue dropped 20% to $259.6 million from $328.7 million. However, analysts were projecting a profit of $0.18 per share on revenue of $259.4 million.

Interactive Brokers shares fell 2.13% to $13.80 in after-hours trading.

Posted-In: profitEarnings News

 

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