Trade reports single-digit growth ingross revenue. | Kalkine Market Update NZ |

  • October 30, 2020 08:14 PM NZDT
  • Team Kalkine

For the third quarter ending 30 September 2020, Tradeweb Markets Inc. (Nasdaq: TW) has reported quarterly gross revenue of $212.9 million, up by 5.9% Y-o-Y. Average daily volume (ADV) stood at $780.3 billion, down by 4.5% Y-o-Y. GAAP net income decreased by 3.1% Y-o-Y to $47.0 million due to a higher tax rate and lower interest rates on cash balances. The company also declared a quarterly cash dividend of $0.08 per share.

* Subsidiary of General Capital Reports its Quarterly Numbers A subsidiary of General Capital Limited (NZX: GEN), General Finance Limited has reported its quarterly report for the quarter ended 30 September 2020. General Finance’s assets have continued to grow, and it has stayed profitable during a challenging economic period amid the COVID-19 pandemic.

* Spark Announces 4 Winners Of Its 5G Starter Fund Spark selected 4 winners of its 5G Starter Fund, getting a share of $625,000 to bring first 5G concepts of NZ to reality. The winners were selected from more than 200 entries and showcased the ability of 5G to solve some of the biggest hurdles of today.

 


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