Global Brokerage, Inc. reported unaudited consolidated earnings results for the first quarter ended of March 31, 2017. For the quarter, the company reported net interest revenue of $169,000 compared to $137,000 a year ago. Total net revenues were $45,864,000 compared to $60,394,000 a year ago. Operating loss was $24,197,000 compared to operating income of $1,628,000 a year ago. Loss from continuing operations before income taxes was $39,108,000 compared to income from continuing operations before income taxes of $91,717,000 a year ago. Loss from continuing operations was $39,025,000 compared to income from continuing operations of $91,150,000 a year ago. Net loss attributable to the company was $29,928,000 compared to net income attributable to the company of $49,735,000 a year ago. Basic and diluted loss per share was $4.87 compared to earnings per share of $8.88 a year ago. Adjusted EBITDA was $5,588,000 compared to $10,287,000 a year ago.

For the quarter, the company reported goodwill impairment loss of $23,917,000.