NASDAQ (NDAQ) Tops Q3 EPS by 1c

October 26, 2016 7:04 AM EDT
Get Alerts NDAQ Hot Sheet
Trade NDAQ Now!
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

NASDAQ (NASDAQ: NDAQ) reported Q3 EPS of $0.91, $0.01 better than the analyst estimate of $0.90. Revenue for the quarter came in at $585 million versus the consensus estimate of $586.2 million.

“The third quarter’s strong financial results showcase how the complementary nature of Nasdaq’s business mix can deliver against a variety of macro backdrops. While our marketplaces were subject to lower volatility and industry volumes compared to the prior year period, the company’s non-trading segments expanded to new record levels,” said Bob Greifeld, CEO, Nasdaq.

Mr. Greifeld continued, “The Information Services, Technology Solutions, and Listing Services segments were especially strong in the third quarter, but more importantly they each represent areas where we have found attractive opportunities to invest and where our technology leadership can be leveraged effectively to benefit our clients and create new opportunities for growth.”

For earnings history and earnings-related data on NASDAQ (NDAQ) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Management Comments

Related Entities

Earnings

Add Your Comment