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AI brief of an SEC Form 8-K · BGC Group (BGC)

BGC Group Q3 revenue rises 16.2% to $561.1 million, but GAAP profit falls

Mixed Impact 3 of 5 earnings Written later

BGC Group reported third-quarter 2024 revenues of $561.1 million, up 16.2% from a year earlier, with growth across asset classes and regions. GAAP income before income taxes fell 17.4% to $19.7 million and GAAP net income for fully diluted shares fell 11.2% to $14.2 million, while post-tax Adjusted Earnings per share rose 36.8% to $0.26. The company also guided fourth-quarter 2024 revenues to $545 million to $595 million and declared a quarterly dividend of $0.02 per share.

Key points

  • Q3 2024 revenues were $561.1 million, up 16.2% from $482.7 million in Q3 2023
  • GAAP income before income taxes was $19.7 million, down 17.4%; GAAP fully diluted EPS was $0.03, unchanged from a year earlier
  • Post-tax Adjusted Earnings per share was $0.26, up 36.8%
  • Q4 2024 revenue guidance is $545 million to $595 million; dividend of $0.02 per share is payable December 4, 2024 to holders of record November 21, 2024

The filing

CompanyBGC Group (BGC)
Form8-K, current report
Filed with the SECOct 31, 2024, 8:03 AM ET
Accession number0001628280-24-044431

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 31, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.