The preliminary beat vs internal outlook is a positive signal, but the prior quarter's severe EPS miss and the preliminary nature of these numbers warrant caution. Watch for the full Q3 release on Nov 10 for GAAP EPS, cash flow, and guidance — the stock may have already priced in the preliminary beat.
Price Chart
Executive Summary
ITG reported preliminary Q3 2026 revenue of $461.5M (+49% YoY) and Adjusted EBITDA of $64.5M (+64% YoY), both above the company's own outlook of $440M and $63M respectively. However, the filing is a preliminary pre-announcement ahead of full results on Nov 10, and the prior quarter's EPS of $0.06 was a 76% miss vs $0.25 consensus, creating a mixed picture.
Key Financial Metrics
Key Facts
- Preliminary Q3 2026 revenue of $461.5M, up ~49% YoY and above $440M outlook
- Preliminary Q3 2026 Adjusted EBITDA of $64.5M, up ~64% YoY and above $63M outlook
- Prior quarter (Q2 Jun 2026) GAAP EPS was $0.06 vs consensus $0.25, a 76% miss
- Full Q3 results and conference call scheduled for Nov 10-11, 2026
- Results are preliminary and subject to change upon completion of quarter-end closing procedures
Financial Impact
Revenue beat own outlook by $21.5M (+4.9%); Adjusted EBITDA beat own outlook by $1.5M (+2.4%)
Risk Factors
- Preliminary results are subject to material revision upon completion of financial closing procedures
- Prior quarter (Q2) GAAP EPS of $0.06 was a 76% miss vs $0.25 consensus, indicating potential earnings quality or guidance credibility issues
- No GAAP net income or EPS provided for Q3 — only non-GAAP Adjusted EBITDA
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3386935 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 3d ago | 8-K | $5.40 | awaiting T+60 | — | $5.07 (−6.11%) |
Oct 22, 2026 3d ago | Press Release | $5.13 | awaiting T+60 | — | $5.07 (−1.17%) |
Oct 20, 2026 5d ago | Press Release | $5.10 | awaiting T+60 | — | $5.07 (−0.59%) |
Jul 2, 2026 16w ago | Press Release | $15.46 $7.07 | ▼ −54.30% | ▼ −57.87% | $5.07 (−67.21%) |
Jul 1, 2026 16w ago | 3 | $15.46 $10.43 | ▼ −32.54% | ▼ −35.54% | $5.07 (−67.21%) |
Jul 1, 2026 16w ago | 3 | $15.46 $10.43 | ▼ −32.54% | ▼ −35.54% | $5.07 (−67.21%) |
Jul 1, 2026 16w ago | 3 | $15.46 $10.43 | ▼ −32.54% | ▼ −35.54% | $5.07 (−67.21%) |
Jul 1, 2026 16w ago | EFFECT | $17.71 $10.43 | ▼ −41.11% | ▼ −44.06% | $5.07 (−71.37%) |
Jun 26, 2026 17w ago | S-1/A | — | awaiting T+60 | — | — |
Jun 22, 2026 18w ago | S-1/A | — | awaiting T+60 | — | — |
US Market Status
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