UPDATE: NASDAQ OMX Group (NDAQ) Tops Q4 EPS by 1c
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(Updated - January 29, 2015 7:38 AM EST)
NASDAQ OMX Group (NASDAQ: NDAQ) reported Q4 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $517 million versus the consensus estimate of $521.3 million.
"Nasdaq's record profitability resulted from its improved strategic positioning, successfully meeting the evolving demands of our diverse client base, and maintaining the organization's relentless focus on efficiency," said Bob Greifeld, CEO, Nasdaq. "Moreover, the strong results in the fourth quarter, and 2014 overall, were driven by both broad-based organic growth and the first full year of contributions from our recent acquisitions."
Mr. Greifeld continued, "I'm also pleased to say that we realized a sequential uptick in organic growth in the fourth quarter. More importantly, we see clear avenues to accelerate organic growth further from strategic investments made in upgrading and launching several product offerings within recently-acquired fixed income and corporate solutions businesses. The 2015 environmental backdrop also shows evidence of continued momentum and should bring us new opportunities to serve customers."
For earnings history and earnings-related data on NASDAQ OMX Group (NDAQ) click here.
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