Cost optimization related to the GFT acquisition is key to future share price developments In the aftermath of its Q4 earnings report, shares of publicly traded retail and institutional forex broker GAIN Capital (NYSE:GCAP) have soared more than 12% as investors appeared confident in the company’s ability to optimize its cost structure to successfully integrate…
Read moreInstitutional and retail business revenues almost tripled in 2013, profits squeezed by GFT acquisition GAIN Capital Holdings (NYSE:GCAP) has just released its fourth quarter earnings report and the figures are quite impressive – the company announced its revenue numbers have nicely jumped up by 38% over last quarter to $83 million. The company’s retail business…
Read moreFull press release for Gain's Q4 and full year 2013 results follows. Details and analysis to follow... The complete Gain Capital Q4 press release can be seen here. GAIN Capital Reports Full Year and Fourth Quarter 2013 Results For Full Year 2013 Net revenue of $266.4 million Net income of $31.3 million EPS of $0.79…
Read moreGain Capital also faces shrinking margins in its key retail FX business. U.S.-based retail Forex broker Gain Capital (Forex.com) reported its Q4 results today, and they were not pretty. Gain reported its largest quarterly net loss as a public company, $4 million (left chart below), and an EBITDA loss of $5 million, also a quarterly…
Read more...following weak results posted by rival Gain Capital (Forex.com).
Read moreRetail volumes down, Revenues down, EBITDA and Net Loss.....
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