KCG posts 4Q profit

NEW YORK (AP) _ KCG Holdings Inc. (KCG) on Thursday reported fourth-quarter net income of $196.2 million, after reporting a loss in the same period a year earlier.

The New York-based company said it had earnings of $2.47 per share.

The financial services company posted revenue of $580.5 million in the period.

For the year, the company reported profit of $255.7 million, or $2.97 per share. Revenue was reported as $1.45 billion.

KCG shares have risen slightly more than 2 percent since the beginning of the year. The stock has risen 30 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KCG at https://www.zacks.com/ap/KCG

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