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BGC Group ( (BGC) ) has shared an update.
BGC Group, Inc. has revised its financial forecast for Q3 2024, expecting to hit the upper end of previously estimated revenue and pre-tax Adjusted Earnings. This update reflects the company’s strong performance and complements their July financial release. BGC’s non-GAAP financial measures, which are intended to provide a clearer picture of its operational success, exclude certain non-cash items and one-time charges. The company emphasizes that these adjusted figures are more reflective of its core earnings and are a key consideration in business management.
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