Remember, $TW pre-released most of this when they announced their follow-on offering in April, so the market had time to digest results.
Tradeweb $TW earnings are in:
-revenue +26% vs. Q1 2019
-expenses +8%
-op margin expands from 38% to 47% (!)
-EPS +61% (due to lower tax rate and margin expansion)https://twitter.com/Tradeweb/status/1258358546460180482 …
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$TW ADV strong across the board, but strongest in Credit and Equities:pic.twitter.com/eTEPXnaRCk
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25.6% year over year.
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