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KCG Holdings Posts Net Loss In Q2

KCG Holdings, Inc. (KCG) Friday announced a second quarter net loss of $19.16 million or $0.18 per share compared to profit of $8.987 million or $0.08 per share in the prior year. On an adjusted basis, income from continuing operation was $3.068 million from $21.512 million in the previous year.

Total revenue for the quarter declined to $261.88 million from $314.13 million in the prior year. Wall Street analysts were looking for $287.80 million.

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