UPDATE: FXCM Tops Q4 Views, Shares Rise

Shares of

climbed more than 6 percent in after-hours trading after the company reported better-than-expected results for the fourth quarter. The New York-based company posted quarterly net earnings of $15.8 million, or $0.35 per share, compared to $3 million, or $0.08 per share, in the year-ago period. Excluding non-recurring items, the company's adjusted earnings came in at $0.20 per share. Its total revenue surged to $134.7 million, compared to $113.3 million. However, analysts were expecting earnings of $0.17 per share on revenue of $129.9 million. FXCM's retail trading revenue rose 13 percent to $93.8 million. Adjusted EBITDA climbed 53 percent to $40.8 million in the quarter. Retail customer trading volume dipped 12 percent y/y to $267 billion in February. Institutional customer trading volume came in unchanged from the year-ago month to $162 billion in February 2015. FXCM shares surged 6.05 percent to $2.28 in the after-hours trading session.