LONDON, April 9, 2015 /PRNewswire/ --
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Investor-Edge.com has issued free earnings research on FXCM Inc. (NYSE: FXCM). On March 12, 2015, the company announced its financial results for Q4 FY14 and full year FY14 (period ended December 31, 2014). Click on http://get.Investor-Edge.com/pdf/?c=FXCM%20Inc.&d=09-Apr-2015&s=FXCM to read our free earnings review on FXCM Inc. (FXCM). During Q4 FY14, the company's U.S. GAAP total net revenues and adjusted EBITDA grew 19% Y-o-Y and 53% Y-o-Y, respectively. Furthermore, U.S. GAAP net income attributable to FXCM for Q4 FY14 was $15.76 million, or $0.35 per fully diluted share. Our free coverage report can be accessed at:
http://get.Investor-Edge.com/pdf/?c=FXCM%20Inc.&d=09-Apr-2015&s=FXCM
Earnings Overview
During Q4 FY14, FXCM's U.S. GAAP total net revenues improved to $134.68 million from $113.34 million in Q4 FY13. The company's U.S. GAAP total net revenues outperformed Bloomberg analysts' forecasts of $129.00 million in Q4 FY14. FXCM's retail trading revenue grew to $93.81 million in Q4 FY14 from $82.99 million in Q4 FY13. Furthermore, the company's institutional trading revenue rose to $30.85 million in Q4 FY14 from $21.79 million in Q4 FY13. Free research on FXCM can be downloaded in PDF format at:
http://get.Investor-Edge.com/pdf/?c=FXCM%20Inc.&d=09-Apr-2015&s=FXCM
In Q4 FY14, FXCM's total retail trading volume grew 53% to $1.37 trillion from $895 billion in Q4 FY13. Moreover, the company's total institutional trading volume surged 105% to $1.06 trillion in Q4 FY14 from $515 billion in Q4 FY13.
For Q4 FY14, FXCM's adjusted EBITDA came in at $40.81 million compared to $26.75 million in Q4 FY13. U.S. GAAP net income attributable to FXCM increased by $12.79 million, or $0.27 per fully diluted share, in Q4 FY14 from $2.97 million, or $0.08 per fully diluted share, in Q4 FY13. Analysts from Bloomberg had expected the company to report U.S. GAAP net income attributable to FXCM of $16.80 million, or $0.17 per fully diluted share, in Q4 FY14. Moreover, non-GAAP net income attributable to FXCM was $16.13 million, or $0.20 per fully diluted share, in Q4 FY14 compared to $7.32 million, or $0.10 per fully diluted share, in Q4 FY13.
In FY14, FXCM's U.S. GAAP total net revenues decreased 5% to $463.76 million from $489.59 million in FY13. The company's FY14 U.S. GAAP total net revenues outperformed Bloomberg analysts' forecasts of $455.00 million. FXCM's retail trading revenue decreased to $338.04 million in FY14 from $365.29 million in FY13. Moreover, the company's institutional trading revenue was $103.20 million in FY14 compared to $103.99 million in FY13. Sign up and read the free analyst's notes on FXCM at:
http://get.Investor-Edge.com/pdf/?c=FXCM%20Inc.&d=09-Apr-2015&s=FXCM
During FY14, FXCM's total retail trading volume stood at $4.05 trillion compared to $4.07 trillion in FY13. Further, the company's total institutional trading volume grew 52% to $3.08 trillion in FY14 from $2.02 trillion in FY13.
During FY14, FXCM's adjusted EBITDA stood at $107.27 million compared $158.00 million in FY13. The company reported U.S. GAAP net income attributable to FXCM of $17.15 million, or $0.39 per fully diluted share, in FY14 compared to $14.83 million, or $0.44 per fully diluted share, in FY13. Analysts from Bloomberg had expected U.S. GAAP net income attributable to FXCM of $25.35 million, or $0.20 per fully diluted share, in FY14. Furthermore, non-GAAP net income attributable to FXCM was $28.24 million, or $0.35 per fully diluted share, in FY14 compared to $57.80 million, or $0.76 per fully diluted share, in FY13. Visit Investor-Edge and access the latest research on FXCM at:
http://get.Investor-Edge.com/pdf/?c=FXCM%20Inc.&d=09-Apr-2015&s=FXCM
Stock Performance
On the day following the earnings release, March 13, 2015, FXCM's stock rallied 20.00% to end the session at $2.58. Since then, the stock has moved both ways. On the last close, Wednesday, April 08, 2015, shares of the company finished at $2.23, which was 1.83% above their previous day's closing of $2.19. The stock oscillated between $2.19 and $2.25 during the session. A total of 4.13 million shares were traded which was below their three months average volume of 11.89 million shares. Over the previous three trading sessions and over the last one month, the company's shares have gained 3.72% and 3.24%, respectively. However, the stock has plummeted 86.87% in the past three months. Shares in FXCM closed above their 50-day moving average of $2.18. Furthermore, the stock traded at a PE ratio of 6.40 and has a Relative Strength Index (RSI) of 38.67.
Sneak Peek to Corporate Insider Trading
In the last one month, FXCM has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC). Complimentary in-depth research on FXCM is available at:
http://get.Investor-Edge.com/pdf/?c=FXCM%20Inc.&d=09-Apr-2015&s=FXCM
About Investor-Edge.com
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