BGC Partners, Inc. (BGCP: Quote) posted second-quarter net income available to common stockholders of $1.96 million or $0.01 per share, lower than $9.66 million or $0.09 per share earned a year ago.
Total revenues for the three-month period advanced year-over-year to $449.54 million from $364.56 million.
BGC Partners reported non-GAAP earnings of $46.5 million or $0.17 per share compared to $52.0 million or $0.21 per share in the year-ago quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share on revenues of $460.70 million for the quarter. Analysts' estimates typically exclude special items.
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by RTT Staff Writer
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