Skip to main content

Market Overview

UPDATE: Interactive Brokers Q4 Net Profit Down 33%

Share:

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.

 

Related Articles (IBKR)

View Comments and Join the Discussion!

Posted-In: profitEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com