Investment Technology Group Inc. (ITG) reported a fourth-quarter net loss of $7.793 million or $0.18 per share compared to profit of $28.743 million or $0.66 per share last year.
Pro forma operating earnings per share decreased to $0.19 from $0.68 a year ago.
On average, 8 analysts polled by Thomson Reuters expected the company to report profit of $0.34 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues decreased to $150.999 million from $190.070 million prior year. Analysts expected revenue of $149.84 million for the quarter.
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