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Virtu Financial Shares Down 3.6% Despite Q2 Earnings Beat

Revenues from commissions, net and technology services rose 22% year over year to 153.9million.ThemetricbeattheZacksConsensusEstimateandourmodelestimateof153.9 million. The metric beat the Zacks Consensus Estimate and our model estimate of 144.1 million. Interest and dividend income of 128.4millionincreased19.9128.4 million increased 19.9% year over year and beat the consensus mark and our estimate of 109.4 million. Adjusted EBITDA was 369.4million,whichclimbed69.8369.4 million, which climbed 69.8% year over year and came higher than our estimate of 234.2 million. Adjusted EBITDA margin improved 860 basis points year over ye ...