NEW YORK, July 28, 2016 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today reported results for the quarter ended June 30, 2016. Second quarter 2016 highlights included: GAAP net loss of $5.2 million, or $0.16 per diluted share compared to GAAP net loss of $10.2 million, or $0.30 per diluted share for the second quarter of 2015. GAAP results for the second quarter of 2016 include the impact of charges and a partial offsetting gain netting to $7.1 million, or $0.14 per diluted share after taxes, for (i) settlement costs and associated legal fees related to the arbitration with ITGâs former CEO, (ii) restructuring charges related ...
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