Breaking: GAIN Capital’s Revenues Drop by 50%, Posts $19m Loss in Q1 2017

[kreslik.news]

GAIN Capital Holdings, Inc. (NYSE: GCAP), the largest provider of retail FX in the United States, with over 70,000 customer accounts, has just released its financial results for the first quarter ending March 31, 2017, having had its metrics take a dive in what has become an industry wide trend, according to a GAIN statement.

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Detailing the results, GAIN’s net revenues under the US GAAP for Q1 2017 came in at $59.6 million, constituting a drop of -48.5 percent when compared with $115.6 ... (read more)