logo
Share SHARE
FONT-SIZE Plus   Neg

BGC Partners Q4 Profit Decreases - Quick Facts

BGC Partners, Inc. (BGCP) posted fourth-quarter net income for fully diluted shares of $7.6 million or $0.03 per share versus $31.5 million or $0.12 per share last year.

Total revenues for the three-month period improved year-over-year to $355.17 million from $321.76 million.

Analysts polled by Thomson Reuters expected the company to record revenues of $352.08 million for the quarter. Analysts' estimates typically exclude special items.

Further, the company's board of directors declared a quarterly cash dividend of $0.17 per share payable on March 28, 2012 to Class A and Class B common stockholders of record as of March 14, 2012. The ex-dividend date will be March 12, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Apple Inc. (AAPL) gained 5 percent in extended trading session after the tech giant reported a third-quarter profit and revenues that trumped Wall Street expectations driven by higher-than-expected iPhone sales. Although, Apple reported its second year-over-year decline in iPhone sales,... Micro-blogging site Twitter Inc. (TWTR), Tuesday reported a smaller loss for the second quarter, as revenues climbed 20 percent reflecting growth in its advertising business despite a continued poor growth in number of users. Adjusted earnings for the quarter trumped Wall Street expectations, while revenues... BlackBerry has launched its second Android smartphone DTEK50, which the struggling company touts as the most secure Android smartphone ever. DTEK50 is BlackBerry's second smartphone powered by Android, following the PRIV. The device actually shares its design and hardware specifications with the recently...
comments powered by Disqus
Follow RTT