Breaking Down BGC Partners’ Q1 Results: A Closer Look at Their Small but Steady FX Revenue Growth
BGC Partners reports increased profitability in Q1 Overview BGC Partners‘ profitability during the previous quarter was higher due to increased revenues and record quarterly productivity. Specifically, the brokerage company’s pre-tax and post-tax adjusted earnings rose by 10.2% and 12.1%, respectively. Moreover, its earnings before interest, taxes, depreciation, and amortization also increased by 7% when compared…