Interactive Brokers Tops Estimates With $1.90B Revenue, Shares Rise After Hours

Interactive Brokers posted second-quarter revenue of $1.90 billion and adjusted EPS of $0.69, both above Wall Street estimates, and the stock rose about 4% after hours. The brokerage lifted profits on stronger customer activity, according to BeInCrypto, with pretax profit margin rising to 77% from 75% a year earlier. Commission revenue rose 30% to $673 million, net interest income increased 23% to $1.06 billion, and customer accounts grew 34% to 5.19 million.