Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar
Strong Financial Performance: Interactive Brokers reported better-than-expected fourth-quarter results, with sales of $1.387 billion and a 37% increase in commission revenue year-over-year, driven by higher trading volumes. Adjusted EPS was $2.03, surpassing the consensus estimate of $1.79.
Growth in Customer Accounts: The company saw a 30% growth in customer accounts to 3.34 million and a 33% rise in customer equity to $568.2 billion, while also declaring a quarterly cash dividend of $0.25 per share.
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Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar
Strong Financial Performance: Interactive Brokers reported better-than-expected fourth-quarter results, with sales of $1.387 billion and a 37% increase in commission revenue year-over-year, driven by higher trading volumes. Adjusted EPS was $2.03, surpassing the consensus estimate of $1.79.
Growth in Customer Accounts: The company saw a 30% growth in customer accounts to 3.34 million and a 33% rise in customer equity to $568.2 billion, while also declaring a quarterly cash dividend of $0.25 per share.
Cognizant Teams with CrowdStrike To Fortify Enterprise Defense Systems
Cognizant and CrowdStrike Partnership: Cognizant Technology Solutions has partnered with CrowdStrike to enhance enterprise security by utilizing CrowdStrike’s AI-powered Falcon cybersecurity platform, aiming to streamline security operations and improve overall security posture for organizations.
Market Response and Future Plans: Following the announcement, Cognizant's shares rose 2.81% premarket, and the company is set to release its fourth-quarter results on February 5, 2025, while also introducing new AI technologies to accelerate agent adoption.
Interactive Brokers Q4: Earnings Beat Expectations, Customer Accounts And Trading Volume Soar
Strong Financial Performance: Interactive Brokers reported better-than-expected fourth-quarter results, with sales of $1.387 billion and a 37% increase in commission revenue year-over-year, driven by higher trading volumes. Adjusted EPS was $2.03, surpassing the consensus estimate of $1.79.
Growth in Customer Accounts: The company saw a 30% growth in customer accounts to 3.34 million and a 33% rise in customer equity to $568.2 billion, while also declaring a quarterly cash dividend of $0.25 per share.
Cognizant Teams with CrowdStrike To Fortify Enterprise Defense Systems
Cognizant and CrowdStrike Partnership: Cognizant Technology Solutions has partnered with CrowdStrike to enhance enterprise security by utilizing CrowdStrike’s AI-powered Falcon cybersecurity platform, aiming to streamline security operations and improve overall security posture for organizations.
Market Response and Future Plans: Following the announcement, Cognizant's shares rose 2.81% premarket, and the company is set to release its fourth-quarter results on February 5, 2025, while also introducing new AI technologies to accelerate agent adoption.
