BGC Partners Inc. Q3 Income Rises 57%

(RTTNews) - BGC Partners Inc. (BGCP) released a profit for its third quarter that climbed from last year.

The company said its bottom line rose to $92.1 million, or $0.21 per share. This was higher than $58.5 million, or $0.15 per share, in last year's third quarter.

The company said revenue for the quarter fell 6.1% to $643.5 million. This was down from $685.3 million last year.

BGC Partners Inc. earnings at a glance:

-Earnings (Q3): $92.1 Mln. vs. $58.5 Mln. last year. -Earnings Growth (Y-o-Y): 57.4% -EPS (Q3): $0.21 vs. $0.15 last year. -EPS Growth (Y-o-Y): 40.0% -Revenue (Q3): $643.5 Mln vs. $685.3 Mln last year. -Revenue Change (Y-o-Y): -6.1%

-Guidance: Next quarter revenue guidance: $630 to $675 Mln