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Forge Global reports Q3 EPS (11c), consensus (10c)
The Fly

Forge Global reports Q3 EPS (11c), consensus (10c)

Reports Q3 revenue $18.4M, consensus $18.03M. Trading Volume was $234.1M in Q3 and net take rate was 3.0%. “In the third quarter, investors demonstrated a continued cautious return to the private market – which drove higher volumes and revenue in our markets business compared to both Q1 and Q2,” said Kelly Rodriques, CEO of Forge. “This improvement was observed for the third quarter even as continued concern over Fed actions and interest rates, as well as existing geopolitical conflicts served as a backdrop heading into the fourth quarter.”

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