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NASDAQ OMX Group (NDAQ) Tops Q1 EPS by 2c

Go back to NASDAQ OMX Group (NDAQ) Tops Q1 EPS by 2c

Nasdaq Reports Record Quarterly Non-GAAP Diluted Earnings Per Share; Company Delivers Non-GAAP EPS Growth of 14% Year-Over-Year

April 27, 2016 7:00 AM EDT

Achieved record non-GAAP: operating and net income, as well as diluted EPS for the first quarter of 2016.Non-GAAP diluted EPS of $0.91 for the first quarter of 2016, an increase of 14% compared to the first quarter of 2015.  First quarter 2016 GAAP diluted EPS was $0.78.Net revenues1 were $534 million in the first quarter of 2016, up 5% year-over-year.  On an organic basis, excluding the impact of foreign exchange and acquisitions, net revenues increased 4% year-over-year.Non-GAAP operating margin was 48% in the first quarter of 2016, versus 46% in the prior year period.In the first quarter of 2016, Nasdaq announced a 28% dividend increase... More