NASDAQ OMX Group (NDAQ) Reports In-Line Q4 EPS
NASDAQ OMX Group (NASDAQ: NDAQ) reported Q4 EPS of $0.89, in-line with the analyst estimate of $0.89. Revenue for the quarter came in at $536 million versus the consensus estimate of $530.16 million.
“Over the last several years, we have built a strategic portfolio of businesses that provide a level of resiliency through significant non-transaction revenue streams and scale potential through a strong global trading franchise,” said Bob Greifeld, CEO, Nasdaq. “In the fourth quarter of 2015, market volatility and macro uncertainty have risen at the same time our non-transaction businesses have produced strong organic growth. These factors combined with our inherent operating leverage and disciplined capital deployment have delivered record results and attractive earnings growth to our shareholders.”
Mr. Greifeld continued, “Our performance is a reflection of a relentless focus on better serving our corporate issuer and investment community customers across a broad offering of products and solutions. Through our commodities platform we are working to create more efficient trading opportunities in key U.S. energy products, our new investor relations platform is working to transform the workflow and productivity of corporate officers, and in the private market we are looking to expand and enhance the equity management and liquidity offerings of private companies. Executing against this wide-ranging set of opportunities advances our clients’ objectives and improves our competitive position.”
For earnings history and earnings-related data on NASDAQ OMX Group (NDAQ) click here.
