KCG Sees Solid Q1 Growth Across Key Metrics, Equities Shine

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KCG Sees Solid Q1 Growth Across Key Metrics, Equities Shine

Postby kreslik.news » Wed Apr 20, 2016 11:34 am


KCG Holdings, Inc. (NYSE: KCG) has released its financial metrics for the first quarter of the 2016 year, with revenues holding a solid QoQ uptrend, also showing improved figures relative to its 2015 counterpart, according to a KCG statement.

During Q1 2016, KCG saw its Non-GAAP revenues climb to $345.4 million, which constituted a strong growth of 30.7% QoQ from just $264.0 million in Q4 2015. This figure was also bolstered by a YoY uptick of 10.9% YoY from $311.1 million in Q1 2015. Furthermore, KCG’s trading revenues also yielded a similar narrative, having climbed to $223.9 million in Q1 2016, up a ... (read more)

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