ITG Reports First Quarter 2017 Results

Earnings Boosted by Record Profitability in EMEA and Asia Pacific NEW YORK, May 03, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today reported results for the quarter ended March 31, 2017. First Quarter 2017 Highlights GAAP net income of $5.3 million, or $0.16 per diluted share compared to a GAAP net loss of $2.5 million, or $0.08 per diluted share, and adjusted net income of $1.8 million, or $0.05 per diluted share, for the first quarter of 2016. GAAP results for the first quarter of 2016 include (i) charges of $2.8 million pre-tax, or $0.05 per diluted share after taxes, related to the arbitration settlement with ITG’s...