BGC Group Inc (NAS:BGC)
$ 9.1 -0.07 (-0.76%) Market Cap: 4.37 Bil Enterprise Value: 5.43 Bil PE Ratio: 36.40 PB Ratio: 5.13 GF Score: 75/100
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Q4 2023 Bgc Group Inc Earnings Call Transcript

Feb 14, 2024 / 03:00PM GMT
Release Date Price: $7.1 (-2.87%)
Operator

Greetings and welcome to the BGC Group Fourth Quarter and Full Year 2023 conference call. (Operator Instructions) As a reminder, this conference is being recorded It is now my pleasure to introduce your host, Mr. Jason Chryssicas, Head of Investor Relations. Please begin, sir.

Jason Chryssicas
BGC Group, Inc. - Head of IR

Thank you, and good morning. We issued BGC's Fourth Quarter and Full Year 2023 financial results press release and the presentation summarizing these results this morning, you can find these at ir dot BGCG. dot com. Note you can find additional details on our quarterly results in today's press release and investor presentation. Unless otherwise stated and historical results provided on today's call compare the fourth quarter of 2023 with the prior year period. Certain revenue figures are provided for the current period.

As indicated, we will be referring to our results on this call only on an adjusted earnings basis, unless otherwise stated, we may also refer to adjusted EBITDA. We may refer to our liquidity, which we define as cash

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