What $VIRT lost in lower volatility, it made up in higher volumes
Realized volatility -72% YoY
On exchange equity volumes +34% YoY
OTC equity volumes +96% YoYpic.twitter.com/nf5jugIyWh
Show this thread
Virtu Q1 revenue $1.01 billion, est $522M Virtu Q1 EPS $2.04, est $1.29 Increases buyback program by $300M I knew today had good day vibes
-
-
-
Virtu's buyback program was upped to $470M - if they used all of that to repurchase shares at ~$31, that amounts to
8% of shares outstanding
On top of its 3% dividendpic.twitter.com/iB4PvYJfmW
Show this thread -
Companies with EBITDA Margins in the high 70s: -Pharma -SaaS tech -Index providers -Virtupic.twitter.com/dlvlvjeYXT
Show this thread -
Virtu already early in the crypto ETF space as an AP in Canadian Bitcoin products Add a US Bitcoin ETF approval to Virtu's catalystshttps://twitter.com/PigeonMgmt/status/1389560317882032132?s=20 …
Show this thread
End of conversation
New conversation -
-
-
mkt is not going to capitalize the beat, at best they will assume $1 of value accrues to holders. Real upside from here in this stock seems will only come if someone acquires it, no?
-
Why do you think market doesn’t recognize the value here?
- Show replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.