StoneX Group Inc. (NASDAQ:SNEX) Q4 2024 Earnings Conference Call November 20, 2024 9:00 AM ET
Company Participants
Bill Dunaway - CFO
Sean O'Connor - CEO
Conference Call Participants
Dan Fannon - Jefferies
Operator
Ladies and gentlemen, thank you for standing by. Welcome to the Fourth Quarter Full Year 2024 StoneX Group Earnings Call. [Operator Instructions] Please be advised that today's conference is being recorded.
I would like now to turn the conference over to Bill Dunaway, Chief Financial Officer. Sir, please go ahead.
Bill Dunaway
Good morning. Welcome to our earnings conference call for our fourth quarter ended September 30, 2024. After the market closed yesterday, we issued a press release reporting our results for the fourth fiscal quarter of 2024. This release is available on our website at www.stonex.com, as well as a slide presentation, which we will refer to on this call and our discussion of our quarterly and full fiscal year results.
The presentation and an archive of the webcast will also be available on our website after the call's conclusion. Before getting underway, we are required to advise you and all participants should note that the following discussion should be taken in conjunction with the most recent financial statements and notes thereto as well as the Form 10-K to be filed with the SEC. This discussion may contain forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933 as amended and Section 21-E of the Securities Exchange Act of 1934 as amended.
These forward-looking statements involve known and unknown risks and uncertainties, which are detailed in our filings with the SEC. Although the company believes that its forward-looking statements are based upon reasonable assumptions regarding its business and future market conditions, there can be no assurances that the company's actual results will not differ materially from any results expressed or implied by the company's forward-looking statements.
The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned that any forward-looking statements are not guarantees of future performance.
With that, I'll now turn the call over to Sean O'Connor, the company's CEO.
Sean O'Connor
Thanks, Bill. Good morning, everyone, and thanks for joining our fiscal 2024 fourth quarter earnings call.
Starting on Slide 3 of the earnings deck. The fourth quarter of fiscal 2024 was a record result for us, with net income of $76.7 million and diluted earnings per share of $2.30 versus the comparative period a year ago, we were up 51% in net income and 48% in EPS. And as compared to the immediately preceding quarter, these measures were up 24% and 23% respectively.