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NEW YORK, Dec. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC), today announced that it has updated its outlook for the quarter ending December 31, 2024. Updated OutlookBGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the fourth quarter of 2024. The Company's outlook was contained in BGC's financial results press release issued on October 31, 2024, which can be found at http://ir.bgcg.com. Non-GAAP Financial MeasuresThe non-GAAP definitions below include references to certain equity-based compensation instruments, such as restricted stock awards and/or restricted stock units ("RSUs"), that the Company has issued and outstanding following
BGC Declares Quarterly Dividend of 2 Cents Conference Call to Discuss Results Scheduled for 10:00 AM ET Today NEW YORK, Oct. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) today reported its financial results for the third quarter ended September 30, 2024. A complete financial results press release, including information about today's conference call and BGC's most recent dividend declaration, is available at http://ir.bgcg.com/, along with BGC's earnings presentation and supplemental financial tables. About BGC Group, Inc.BGC Group, Inc. (NASDAQ:BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income,
Conference call to be hosted at 10:00 a.m. ET NEW YORK, Oct. 7, 2024 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) will announce its third quarter 2024 financial results on Thursday, October 31, 2024, at approximately 8:00 a.m. ET. A conference call to review the results will follow at 10:00 a.m. ET. BGC plans to issue an advisory press release regarding the availability of its consolidated quarterly financial results at approximately 8:00 a.m. ET on Thursday, October 31, 2024, which will be accessible at http://ir.bgcg.com. BGC will host a conference call on Thursday, October 31, 2024, at 10:00 a.m. ET for investors. WHO: BGC Group, Inc. (NASDAQ:BGC) WHAT: Third Quarter 2024 financial resu
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8-K - BGC Group, Inc. (0001094831) (Filer)
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Company repurchased approximately 10 million shares quarter to date NEW YORK, March 4, 2024 /PRNewswire/ -- BGC Group, Inc. (NASD: BGC), a leading global brokerage and financial technology company, today announced it will join the S&P SmallCap 600 index, effective prior to the open of trading on Monday, March 18, 2024. The S&P SmallCap 600 seeks to measure the small-cap segment of the U.S. equity market. "BGC Group's inclusion in the S&P SmallCap 600 index is a significant milestone for our company," said Howard W. Lutnick, Chairman and CEO of BGC Group. "Following our successful Corporate Conversion, this is another meaningful step in our growth and long-term value creation for our shareho
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
NEW YORK, Dec. 31, 2024 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC), today announced that it has updated its outlook for the quarter ending December 31, 2024. Updated OutlookBGC reaffirmed its previously stated outlook ranges for revenue and pre-tax Adjusted Earnings for the fourth quarter of 2024. The Company's outlook was contained in BGC's financial results press release issued on October 31, 2024, which can be found at http://ir.bgcg.com. Non-GAAP Financial MeasuresThe non-GAAP definitions below include references to certain equity-based compensation instruments, such as restricted stock awards and/or restricted stock units ("RSUs"), that the Company has issued and outstanding following
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) today announced Mike Whitaker has joined as Global Chief Information Officer and a member of its Executive Committee. In this newly created role, Mr. Whitaker will be responsible for developing and implementing a cohesive technology strategy across the company, driving innovation and efficiencies to deliver growth. Mr. Whitaker brings more than 40 years' experience in financial services and technology. He joins BGC from Citi, where he spent 15 years in senior technology management roles and rose to become the
Sale demonstrates BGC's commitment to unlocking value for shareholders BGC sells Capitalab for $46 million in gross proceeds, representing a revenue multiple of approximately 7.5 times NEW YORK, Dec. 3, 2024 /PRNewswire/ -- BGC Group, Inc. (NASDAQ:BGC) ("BGC" or "the Company") today announced the sale of Capitalab, a leader in Rates Portfolio Compression and Margin Optimization, to Capitolis, the technology company helping to create safer and more vibrant capital markets. BGC expects to see continued growth and strong demand for its higher-margin, technology-driven business, Fenics, which generated more than $550 million in revenue over the last 12 months.