Charles Schwab and Interactive Brokers Revenue Double in Bull Market

17 Jan '18 at 3:03 am #14502

Participant

Interactive Brokers Earnings

$IBKR reported a net loss of $2million or $0.02 per share in 4Q17 compared to a net income of $4MM or $0.07 per share in 4Q16. The results were negatively impacted by the effects of the Tax Cuts and Jobs Act, which decreased diluted EPS by $0.45. Net revenues grew to $515MM from $193MM in the prior-year period.

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