NASDAQ OMX Group (NDAQ) Tops Q3 EPS by 2c

NASDAQ OMX Group (NASDAQ: NDAQ) reported Q3 EPS of $0.72, $0.02 better than the analyst estimate of $0.70. Revenue for the quarter came in at $497 million versus the consensus estimate of $510.6 million.

"Nasdaq's unmatched contribution of stable, subscription and recurring revenues, and an unrelenting focus on efficiency helped deliver for our shareholders by matching non-GAAP EPS records and creating recent highs in non-GAAP operating margins," said Bob Greifeld, CEO, Nasdaq. "This was delivered against a backdrop of a seasonally slower period for Nasdaq across our businesses."

Mr. Greifeld continued, "Looking forward, the company has created substantial avenues of growth, and is better positioned than ever to take advantage of these opportunities. Over the past month, we have experienced a volatile macro backdrop that delivers opportunities for our clients across fixed income, equities and derivatives. This, coupled with our expanding set of services and solutions, as well as our fiscal discipline and strong competitive position, provides our management team confiden

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

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