KCG’s Q4 Financials Buck Quarterly Uptrend as Revenues Weigh
Posted: Thu Jan 28, 2016 3:58 pm
KCG Holdings, Inc. (NYSE: KCG) has reported its financial metrics for Q4 2015, with diminishing revenues snapping a previously strong uptrend in H2, according to a KCG statement.
The lackluster volumes follow on the heels of KCG Holdings (NYSE: KCG) Q3 2015 figures, which saw strong revenues of $377.0 million, vs. just $261.9 million in Q2 2015, or a 42.8% QoQ.
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However, the strength of the past quarter evaporated in Q4 2015, as KCG’s GAAP revenues came in at just $262.7 million, vs. $377.0 million in ... (read more)