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BGC Partners, Inc.

BGCP•NASDAQ
Financial Services
Financial - Capital Markets
$4.43
$0.06(1.37%)
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The company's financials show resilient growth, with revenue advancing from $436.51M in Q4 2022 to $482.69M in Q3 2023. Gross profit remained healthy with margins at 92% in Q3 2023 compared to 54% in Q4 2022. Operating income hit $413.99M last quarter, sustaining a consistent 86% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $413.99M. Net income rose to $15.97M, while earnings per share reached $0.03. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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