LPL Financial Announces Second Quarter 2024 Results

Net Income was $244 million, translating to diluted earnings per share ("EPS") of $3.23, down 12% from a year ago Adjusted EPS* decreased 2% year-over-year to $3.88 Gross profit* increased 9% year-over-year to $1,079 million Core G&A* increased 10% year-over-year to $371 million Adjusted EBITDA* increased 2% year-over-year to $533 million Corporate cash(3) was $684 million Leverage ratio(4) was 1.68x Dividends paid were $22.4 million SAN DIEGO, July 25, 2024 (GLOBE NEWSWIRE) -- LPL Financial Holdings Inc. ( ...