In just the latest sign that online investing is growing rapidly, online broker Ameritrade (Nasdaq: AMTD) calmed Internet investors after the closing bell on Wednesday by announcing record earnings of $8.1 million (US$), or 14 cents per share, in its second quarter of fiscal 1999. The earnings were twice as much as analysts surveyed by First Call expected.
Ameritrade Beats the Street
Posted by: Andy Wang April 15, 1999 12:00 AMIn just the latest sign that online investing is growing rapidly, online broker Ameritrade (Nasdaq: AMTD) calmed Internet investors after the closing bell on Wednesday by announcing record earnings of $8.1 million (US$), or 14 cents per share, in its second quarter of fiscal 1999. The earnings were twice as much as analysts surveyed by First Call expected.