BGC Partners: Q4 Earnings Snapshot
By AP News
Published - Feb 27, 2023, 08:19 AM ET
Last Updated - Jun 22, 2023, 07:24 PM EDT
NEW YORK (AP) — NEW YORK (AP) — BGC Partners Inc. (BGCP) on Monday reported fourth-quarter profit of $2.2 million.
The New York-based company said it had earnings of 1 cent per share. Earnings, adjusted for non-recurring costs, were 16 cents per share.
The brokerage company posted revenue of $436.5 million in the period. Its revenue net of interest expense was $436.5 million, topping Street forecasts.
For the year, the company reported profit of $48.7 million, or 13 cents per share. Revenue was reported as $1.8 billion.
