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Interactive Broker’s Performance Drops in Q2, Revenue Shrinks to $1B

Interactive Brokers released its financial metrics for the second quarter that ended in June today (Tuesday), reporting quarter-over-quarter (QoQ) decreases in its net revenue, income before tax, profit margin and earnings per share (EPS). The net revenue of the American online broker declined by 5% to $1 billion, down from $1.06 billion in the previous quarter. However, compared to the same period last year, Interactive Broker’s net and adjusted revenues climbed by 52% and 48% year-over-year (Y... Read More

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Interactive

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Performance

Drops

Revenue

Shrinks

Broker s

Forex

Posted: Jul 18 2023, 23:09

Author Name: financemagnates

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