BGC Partners Reports First Quarter 2023 Financial Results

Rhea-AI Summary

BGC Partners, Inc. reports financial results for Q1 2023 and declares a quarterly dividend. Conference call scheduled for today.

Positive

• BGC Partners, Inc. reports positive financial results for Q1 2023. Quarterly dividend declared.

Negative

• None.

BGC Declares Quarterly Dividend
Conference Call to Discuss Results Scheduled for 10:00 AM ET Today

NEW YORK, May 3, 2023 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC"), a leading global brokerage and financial technology company, today reported its financial results for the quarter ended March 31, 2023.

A complete and full-text financial results press release, including information about today's financial results conference call and BGC's most recent dividend declaration, is accessible at the "Investors & Media" section under either "Investor Relations" or "BGC Press Releases" at http://www.bgcpartners.com. It is also available at http://ir.bgcpartners.com/, along with BGC's quarterly results investor presentation and supplemental Excel financial tables.

About BGC Partners, Inc.
BGC Partners, Inc. ("BGC") is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including Fenics®, FMX™, FMX Futures Exchange™, Fenics Markets Xchange™, Fenics Digital™, Fenics UST™, Fenics FX™, Fenics Repo™, Fenics Direct™, Fenics MID™, Fenics Market Data™, Fenics GO®, Fenics PortfolioMatch™, BGC®, BGC Trader™, kACE²®, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Partners, BGC Trader, GFI, GFI Ginga, CreditMatch, Fenics, Fenics.com, FMX, Sunrise Brokers, Poten & Partners, RP Martin, kACE², Capitalab, Swaptioniser, CBID, Caventor, LumeMarkets and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.

BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGCP". BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx.

Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K. 

Media Contact:
Karen Laureano-Rikardsen
+1 212-829-4975

Investor Contact:
Jason Chryssicas
+1 212-610-2426

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/bgc-partners-reports-first-quarter-2023-financial-results-301814553.html

SOURCE BGC Partners, Inc.

FAQ

What is the latest financial report from BGC Partners, Inc.?

BGC Partners, Inc. has reported its financial results for the quarter ended March 31, 2023.

Has BGC Partners, Inc. declared a dividend?

Yes, BGC Partners, Inc. has declared a quarterly dividend.

When is the conference call to discuss the results?

The conference call to discuss the results is scheduled for today at 10:00 AM ET.