LPL Financial Swings to Q3 Profit With $356.6 Million Net Income
LPL Financial reported third-quarter net income of $356.6 million, or $4.52 per share, compared with a net loss of $29.5 million, or $0.37 per share, a year earlier.
WASHINGTON (dpa-AFX) - LPL Financial Holdings Inc. (LPLA) on Tuesday reported a third-quarter profit, compared to a loss last year.Net income for the quarter was $356.6 million or $4.52 per share, compared to a net loss of $29.5 million or $0.37 per share last year.Adjusted net income increased to…