Revenue Up, Profit Down for INTL FCStone in FY2017 Second Quarter

[kreslik.news]

INTL FCStone Inc. (NASDAQ:INTL), a provider of diversified financial services across several asset classes and markets, today announced its financial results for the second quarter of the fiscal year ending September 30, 2017, which were characterized by higher revenues and lagging profits.

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One of INTL FCStone’s strongest areas of growth was its total revenues, which were reported at $5.46 billion in Q2 FY 2017, a climb of 49.0 percent year-over-year from $3.7 billion in Q2 FY 2016. In terms of its operating revenues, the group also performed strongly in the ... (read more)