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Interactive Brokers reports rise in revenues in Q1 2023
Electronic trading major Interactive Brokers Group, Inc. (NASDAQ:IBKR) has reported its financial results for the first quarter of 2023. For the quarter ended March 31, 2023, reported diluted earnings per share were $1.42 and $1.35 as adjusted. For the year-ago quarter, reported diluted earnings per share were $0.74 and $0.82 as adjusted. Reported net revenues were $1,056 million for the current quarter and $1,015 million as adjusted. For the year-ago quarter, reported net revenues were $645 million and $692 million as adjusted. Commission revenue increased 2% to $357 million on record contract volumes in futures and ... (full story)