GAIN Capital’s Q1 Net Revenue Increased yet Net Income Declined from Q4

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GAIN Capital’s Q1 Net Revenue Increased yet Net Income Declined from Q4

Postby kreslik.news » Wed May 04, 2016 12:10 pm


Ahead of the US market open this Thursday, New Jersey-based online brokerage operator GAIN Capital Holdings Inc., listed on the NYSE under ticker symbol GCAP, has released its 2016 first quarter (Q1) results, according to an official company press release, and shortly before the company’s earnings call that will take place 8am EST.

GAIN reported net revenue of $115.6 million, up from $93m when compared to Q1 2015 on a year-over-year basis and up from $102.8m during Q4 2015, while adjusted EBITDA was $31.7m for Q1 and higher from $19.8m over the same period last year. The company’s ... (read more)

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