U.S. brokerage Knight Capital Group, Inc. (KCG) Wednesday reported first-quarter net loss of $9.36 million or $0.03 per share, compared to a net income of $33.11 million or $0.36 per share in the previous year.
During the quarter, the company posted a loss from discontinued operations, net of tax, totaling $20.37 million or $0.06 per share.
On a non-GAAP basis, earnings from continuing operations were $0.06 per share in the recent quarter, while the company posted $0.34 per share a year ago.
On average, seven analysts polled by Thomson Reuters expected the company to earn $0.04 per share for the quarter. Analysts' estimates typically exclude special items.
Quarterly revenues declined to $285.16 million from $302.47 million in the preceding year. Analysts estimated revenues of $312.38 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.