Virtu Financial, Inc. (VIRT) Q2 2023 Earnings Call Transcript

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Q2: 2023-07-26 Earnings Summary

EPS of $0.37 beats by $0.00
 | Revenue of $278.69M (-22.01% Y/Y) beats by $2.67M

Virtu Financial, Inc. (NASDAQ:VIRT) Q2 2023 Earnings Conference Call July 26, 2023 8:00 AM ET

Company Participants

Andrew Smith - Head, IR
Douglas Cifu - CEO
Joseph Molluso - Co-President and Co-COO
Cindy Lee - Deputy CFO

Conference Call Participants

Daniel Fannon - Jefferies
Ken Worthington - JPMorgan
Chris Allen - Citi
Michael Cyprys - Morgan Stanley
Patrick Moley - Piper Sandler
Alex Blostein - Goldman Sachs

Operator

Hello and welcome to the Virtu Financial 2023 Quarterly Results Conference Call. My name is Harry and I'll be your operator today. [Operator Instructions]

It's now my pleasure to hand you over to Andrew Smith, Head of Investor Relations, for Virtu Financial to begin. Andrew, please go ahead when you're ready.

Andrew Smith

Thank you, Harry and good morning, everyone. Thank you for joining us. Our second quarter results were released this morning and are available on our website.

With us today on this morning's call, we have Mr. Douglas Cifu, our Chief Executive Officer; Mr. Joseph Molluso, our Co-President and Co-Chief Operating Officer; Ms. Cindy Lee, our Deputy Chief Financial Officer; and Mr. Sean Galvin, our Chief Financial Officer. We will begin with prepared remarks and then take your questions.

First, a few reminders. Today's call may include forward-looking statements, which represent Virtu's current belief regarding future events and/or, therefore, subject to risks, assumptions, and uncertainties, which may be outside of the company's control.

Please note that our actual results and financial conditions may differ materially from what is included in these forward-looking statements. It is important to note that any forward-looking statements made on this call are based on information presently available to the company and we do not undertake to update or revise any forward-looking statements as new information becomes available.

We refer you to disclaimers in our press

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