eToro Q4 Adjusted Earnings, Revenue Fall

MT Newswires Live

02/17

eToro Group (ETOR) reported Q4 adjusted diluted earnings Tuesday of $0.71 per diluted share, down from $0.79 a year earlier.

Analysts polled by FactSet expected $0.62.

Revenue for the quarter ended Dec. 31 was $3.87 billion, down from $5.85 billion a year earlier.

Analysts polled by FactSet expected $218.3 million.

eToro said its board approved a $100 million increase to the existing share repurchase program.

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