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LPL Financial Holdings reported Q3 2025 results with revenue growth to $4.55 billion but a net loss of $29.52 million compared to net income a year earlier. The company did not repurchase shares in Q3, indicating a pause in buybacks. Amid ongoing expansion efforts, the shift from profit to net loss highlights execution and margin risks that can arise with rapid expansion. The dividend announcement of $0.30 per share payout for December stands out as a signal of financial consistency.

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