09:25 AM EDT, 04/24/2024 (MT Newswires) -- Virtu Financial ( VIRT ) reported Q1 adjusted earnings Wednesday of $0.76 per share, up from $0.74 a year earlier.

Analysts polled by Capital IQ expected $0.55.

Total revenue for the quarter ended March 31 was $642.8 million, up from $620.4 million a year earlier.

The company's board maintained its quarterly dividend at $0.24 per share, payable June 15 to shareholders of record as of June 1.

Virtu's board also authorized an additional $500 million stock buyback over the next two years.

Shares of the company were up 2.4% in recent Wednesday premarket activity.

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