Interactive Brokers Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
July 16, 2024 at 04:02 pm
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Interactive Brokers Group, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net income was USD 179 million compared to USD 125 million a year ago. Basic earnings per share from continuing operations was USD 1.67 compared to USD 1.21 a year ago. Diluted earnings per share from continuing operations was USD 1.65 compared to USD 1.2 a year ago.
For the six months, net income was USD 354 million compared to USD 273 million a year ago. Basic earnings per share from continuing operations was USD 3.3 compared to USD 2.65 a year ago. Diluted earnings per share from continuing operations was USD 3.27 compared to USD 2.62 a year ago.
Interactive Brokers Group, Inc. is an automated global electronic broker. The Company custody and service accounts for hedge and mutual funds, exchange-traded funds (ETFs), registered investment advisors, proprietary trading groups, introducing brokers and individual investors. It specializes in routing orders and executing and processing trades in stocks, options, futures, foreign exchange instruments (forex), bonds, mutual funds, ETFs, and precious metals on more than 150 electronic exchanges and market centers. In addition, its customers can use it trading platform to trade certain cryptocurrencies through third-party cryptocurrency service providers that execute, clear and custody the cryptocurrencies. Its key product offerings include IBKR Pro, IBKR Lite, and IBKR Universal Account. IBKRPro offers the lowest cost access to stocks, options, futures, forex, bonds, mutual funds, precious metals, and cryptocurrencies from a single unified platform with no added spreads.
INTERACTIVE BROKERS GROUP, INC. 
