said Monday that revenue and earnings in the first quarter would be below analysts' expectations.
The Omaha-based online brokerage also said it would lay off 230 workers, according to
Shares of Ameritrade fell 84 cents, or 9.5%, to $8 in recent
Ameritrade said it expects first-quarter revenues to be between $127 million and $132 million, short of the $142.6 million consensus of nine analysts polled by
First Call/Thomson Financial
. Ameritrade expects a loss of 12 cents to 14 cents per share in the quarter, compared with analysts' expectations of a 5-cent loss.
Also Monday, Ameritrade said 52,000 new accounts were opened in December, a 30% increase over November's total of 40,000. Average daily trade volume was up 10% in December from the year-ago period, rising to 115,000 trades per day.