NYSE$VIRT
Virtu Financial Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Virtu Financial reported mixed results with increased total revenues but decreased trading income and net income compared to the same quarter in the previous year.
Virtu Financial's Q4 2023 results showed a 7.7% increase in total revenues to $536.0 million, but a 14.9% decrease in trading income, net, to $266.6 million. Net income decreased to $6.7 million, with earnings per share at $0.05. The company executed $44.0 million in share buybacks during the quarter.
- Total revenues increased by 7.7% to $536.0 million.
- Trading income, net, decreased by 14.9% to $266.6 million.
- Net income totaled $6.7 million, a decrease from the prior year quarter.
- The company repurchased $44.0 million of shares under the Share Repurchase Program.
Headline financials
Revenue & EPS history
Virtu Financial · Revenue · Quarterly
$261M
Revenue by segment
Virtu Financial · $630M total across 3 segments · Q3 2023
- Market Making$517M—82.1%
- Execution Services$112M—17.9%
- Corporate$360—0.0%
Forward guidance
The press release does not contain any forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+0.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.6%
Avg return
30 days after
52%
23 / 44 earnings
Positive
+39.4%
Q4 2017
Best reaction
-19.4%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | +1.3% | +2.2% | |
| Q4 2025 | +8.5% | +2.2% | +10.5% | |
| Q3 2025 | -0.5% | +1.1% | +3.4% | |
| Q1 2025 | +1.3% | +1.6% | +5.6% | |
| Q4 2024 | +1.7% | +2.4% | -6.1% | |
| Q3 2024 | -4.3% | -4.1% | +13.4% | |
| Q2 2024 | +25.4% | +21.0% | +25.9% | |
| Q1 2024 | +5.7% | +2.0% | +8.6% | |
| Q4 2023 | -10.3% | -10.5% | -11.0% | |
| Q3 2023 | -1.4% | -4.8% | -0.2% | |
| Q2 2023 | +0.6% | +0.3% | +1.9% | |
| Q1 2023 | -1.6% | -1.0% | -8.8% | |
| Q4 2022 | -3.0% | -5.8% | -6.6% | |
| Q3 2022 | +0.9% | +2.9% | -1.2% | |
| Q2 2022 | +2.1% | +1.7% | +2.3% | |
| Q1 2022 | -14.6% | -15.0% | -21.6% | |
| Q4 2021 | +8.6% | +11.2% | +5.0% | |
| Q3 2021 | +7.2% | +6.0% | +6.3% | |
| Q2 2021 | +0.1% | +2.3% | -5.2% | |
| Q1 2021 | -6.1% | -5.1% | +7.0% | |
| Q4 2020 | -6.2% | +0.2% | +1.9% | |
| Q3 2020 | +5.3% | +8.0% | +6.6% | |
| Q2 2020 | -11.0% | -4.1% | +11.0% | |
| Q1 2020 | -5.3% | -4.9% | -13.1% | |
| Q4 2019 | +5.5% | +0.8% | +31.0% | |
| Q3 2019 | -3.5% | -4.1% | -0.7% | |
| Q2 2019 | -17.3% | -17.9% | -11.4% | |
| Q1 2019 | +0.4% | +1.5% | -4.1% | |
| Q4 2018 | +4.5% | +2.5% | -2.9% | |
| Q3 2018 | +1.5% | -0.7% | +3.7% | |
| Q2 2018 | -19.4% | -21.4% | -12.9% | |
| Q1 2018 | -5.0% | -12.5% | -14.2% | |
| Q4 2017 | +39.4% | +41.6% | +65.6% | |
| Q3 2017 | +19.5% | +23.6% | +25.8% | |
| Q2 2017 | +0.9% | +4.3% | +5.9% | |
| Q1 2017 | -2.6% | -0.3% | +8.4% | |
| Q4 2016 | +4.5% | +4.8% | -1.1% | |
| Q3 2016 | +6.4% | +11.6% | +11.6% | |
| Q2 2016 | -4.6% | +2.6% | -2.8% | |
| Q1 2016 | -8.0% | — | — | |
| Q4 2015 | -10.5% | — | — | |
| Q3 2015 | -4.9% | — | — | |
| Q2 2015 | -13.0% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q4 2012 | — | — | — |
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