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NASDAQ OMX Group (NDAQ) Tops Q1 EPS by 1c

April 23, 2015 7:04 AM

NASDAQ OMX Group (NASDAQ: NDAQ) reported Q1 EPS of $0.80, $0.01 better than the analyst estimate of $0.79. Revenue for the quarter came in at $507 million versus the consensus estimate of $522.83 million.

The Board has authorized a 67% increase in the quarterly dividend, to $0.25 per share from $0.15.

"Nasdaq has delivered strong results in what remains a challenging and competitive operating environment," said Bob Greifeld, CEO, Nasdaq. "The diversity of our business, coupled with a balanced approach to investment and capital return, bolsters confidence in the flexibility of our model to continue to deliver for our clients and our shareholders."

Mr. Greifeld continued, "We had a tremendous start to 2015 including the acquisition of Dorsey, Wright and Associates, the announcement of a new energy futures platform, continued leadership in IPOs, new market structure initiatives and a range of product introductions across our businesses. We remain focused on executing on the company's opportunity set by deepening our client relationships through our broad product and service offerings, enhancing our competitive position by efficiently leveraging our technology and increasing the yield on recent investments to enhance returns for our shareholders."

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

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