Short Take: E*Trade earnings meet expectations
E*Trade posted second-quarter profits in line with analysts' expectations. The company reported profits of $6.1 million, or 15 cents a share, for the second quarter ended March 31, up from $3.1 million, or 9 cents a share, for the like quarter a year ago. Quarterly revenue rose to $53.3 million, up from $32.2 million.
Jeff Pelline Staff Writer, CNET News.com
Jeff Pelline is editor of CNET News.com. Jeff promises to buy a Toyota Prius once hybrid cars are allowed in the carpool lane with solo drivers.
posted second-quarter
profits in line with analysts' expectations. The company reported profits of
$6.1 million, or 15 cents a share, for the second quarter ended March 31,
up from $3.1
million, or 9 cents a share, for the like quarter a year ago. Quarterly
revenue rose
to $53.3 million, up from $32.2 million.