GAIN Capital Reports Record Revenue of $107 Million for Q1 2018

[kreslik.news]

GAIN Capital Holdings, Inc. (NYSE: GCAP), the largest provider of retail FX in the United States, has just released its financial results for the first quarter ending March 31, 2018, showing a strong uptick in revenues relative to last year.

GAIN’s net revenues under the US GAAP for Q1 2018 came in at $106.9 million, constituting a gain of 80 percent compared with $59.6 reported back in the first three months of 2017. Over a quarterly basis, the company revenue was higher 52 percent year-over-year from $69.7 million the previous quarter.

Another area of strength this quarter at GAIN Capital was its ... (read more)