BGC Partners posts slight drop in revenues in Q3 2022
BGC generated total revenue of $416.6 million during the third quarter of 2022, which declined 1.3 percent versus last year.
BGC generated total revenue of $416.6 million during the third quarter of 2022, which declined 1.3 percent versus last year.
BGC’s revenue for Q2 2022 is now expected to be slightly below the midpoint of the range of its previously stated outlook.
BGC’s revenue and pre-tax Adjusted Earnings for Q1 2022 are now expected to be towards the mid-point of the previously stated range.
BGC Partners reported FX revenues of $83.4 million for the first quarter of 2021, down 11.6% from the year-ago period.
Global brokerage BGC Partners today reaffirmed its revenue guidance for the quarter ending March 31, 2021.
BGC Partners reaffirmed its previously stated outlook ranges for revenue and pre-tax earnings for the fourth quarter of 2020.
BGC Partners saw FX revenues fall 15.3% year-on-year to $73.3 million in the third quarter of 2020.