Benzinga | Jul 23, 2020 04:43PM EDT

Recap: GAIN Capital Holdings Q2 Earnings

Shares of GAIN Capital Holdings (NYSE:GCAP) rose 0.16% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share increased 300.00% over the past year to $0.40, which beat the estimate of $0.27.

Revenue of $101,000,000 higher by 33.77% year over year, which beat the estimate of $83,430,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

GAIN Capital Holdings hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $6.72

52-week low: $3.30

Price action over last quarter: down 4.96%

Company Description

GAIN Capital Holdings Inc is a US based company that is principally engaged in offering trading services and solutions worldwide. The company has two segments. The retail segment provides access for retail customers to a wide range of global financial markets, including spot foreign exchange, precious metals, spread bets, and CFDs on various asset classes. The futures segment offers execution and risk-management services for exchange-traded futures and futures options. The retail segment contributes most of the firm's revenue. The company generates the majority of revenue from Europe and North America.