Interactive Brokers Reports Better-Than-Expected Q3 Results: Details
1. IBKR reported Q3 earnings of 57 cents, beating estimates. 2. Revenue reached $1.65 billion, surpassing analyst forecasts. 3. Commission revenue rose 23%, driven by increased trading volume. 4. Net interest income climbed 21%, fueled by higher customer loans. 5. General and administrative expenses dropped significantly, enhancing margins.