Interactive Brokers Group’s stock down 4% following Q2 results

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Interactive Brokers Group’s stock down 4% following Q2 results
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Interactive Brokers Group Inc.’s stock fell more than 4% in extended trading Tuesday after the online banking company reported quarterly results that felt...

Interactive Brokers Group Inc.’s IBKR stock fell more than 4% in extended trading Tuesday after the online banking company reported quarterly results that felt shy of analysts’ estimates. The company posted fiscal second-quarter net income of $601 million, or $1.20 a share, compared with net income of $360 million, or 72 cents a share, in the year-ago quarter. Adjusted net income was $1.32 a share. Revenue surged to $1 billion, from $656 million a year ago.

’s IBKR stock fell more than 4% in extended trading Tuesday after the online banking company reported quarterly results that felt shy of analysts’ estimates. The company posted fiscal second-quarter net income of $601 million, or $1.20 a share, compared with net income of $360 million, or 72 cents a share, in the year-ago quarter. Adjusted net income was $1.32 a share. Revenue surged to $1 billion, from $656 million a year ago.

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