NASDAQ (NDAQ) Tops Q2 EPS by 3c

NASDAQ (NASDAQ: NDAQ) reported Q2 EPS of $0.91, $0.03 better than the analyst estimate of $0.88. Revenue for the quarter came in at $559 million versus the consensus estimate of $548 million.

“Nasdaq has experienced broad-based demand for our distinctive technology, services and solutions, resulting in continued organic growth from each of our business segments,” said Bob Greifeld, CEO, Nasdaq. “Further, we are successfully integrating the recently closed acquisitions, which we expect to provide another lever of return for our shareholders as we drive operational synergies and deliver ever increasing value for our clients.”

Mr. Greifeld continued, “Material expansion in the SMARTS surveillance product’s customer base, the acquisition of the ISE, giving Nasdaq unique scale in U.S. options, exceptional growth in Nordic listings, and the accelerating migration of corporate customers onto the IR Insights platform stand out as second quarter developments which will pay meaningful dividends in future periods.”

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

You May Also Be Interested In

• Tesla touts acceleration of new models, but Q1 results fall short of estimates
• Avangrid (AGR) Tops Q1 EPS by 19c
• Stride Inc. (LRN) Tops Q3 EPS by 17c, provides guidance