May 06, 2016 BY LeapRate Staff
FXCM reports healthy Q1 financials, but weighed down by Leucadia interest expense
Retail forex broker FXCM Inc (NYSE:FXCM) has reported its Q1 financials, with relatively healthy Revenues of $71.5 million (up 9% QoQ) and EBITDA of $10.3 million. However the interest on the loan from Leucadia made last January, carrying fairly high punitive rates of interest in the high teens, is weighing heavily on FXCM's bottom line results.…
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