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Plantation FL, October 23, 2007âTradeStation Group, Inc. (NASDAQ GS: TRAD) today reported for the 2007 third quarter record net revenues of $40.3 million, record net income of $9.7 million, record earnings per share of 22 cents, and record daily average revenue trades (DARTs) of nearly 88,000.
TradeStation Groupâs 2007 third quarter net income of $9.7 million, or 22 cents per share (diluted), was a 24% increase from 2006 third quarter net income of $7.8 million, or 17 cents per share (diluted). The companyâs 2007 third quarter net revenues of $40.3 million were a 25% increase from 2006 third quarter net revenues of $32.2 million. âAs proud as we are of our third quarter results, we are even more excited about our current growth initiatives,â said Salomon Sredni, CEO of TradeStation Group.