INTL FCStone Reports All-Time High Results in Q3

[kreslik.news]

INTL FCStone Inc., a global provider of financial services, published its third quarter financial results ended June 30, 2018, for its fiscal year. The firm recorded all-time highs in both net income and earnings per share.

The firm provides an assortment of financial services. This includes execution technology, risk management tools, and clearing services, aimed at institutional clients.

In the third quarter, the company’s net income was $24 million, the highest number to be recorded for the firm since its inception. This result is a large leap of 89% from last year’s third-quarter result, which was $12.7 million.

Operating revenues also ... (read more)