BِATS Reports Higher Profit in Q3 2016, Hotspot Boosts FX Market Share
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BِATS Reports Higher Profit in Q3 2016, Hotspot Boosts FX Market Share
Bats Global Markets, Inc. (Bats: BATS), the Lenexa-based operator of the U.S second-largest stock exchange, reported an increase in its revenue and earnings in the three months ending September 30, 2016 compared to a year ago.
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Bats said on Thursday that it earned in the third quarter $28.5 million, or 29 cents a share. This represents an YoY gain of 13.0 percent and 7.0 percent respectively. It earned $25.3 million, or 27 cents a share, in the same months of 2015.
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