NASDAQ OMX Group (NDAQ) Tops Q3 EPS by 2c
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Nasdaq Reports Record Third Quarter 2015 Non-GAAP Results
October 22, 2015 7:00 AM EDTThird quarter 2015 non-GAAP diluted EPS of $0.88, an increase of 13% compared to the third quarter of 2014. Record revenues and non-GAAP operating, pre-tax income, net income and diluted EPS. Third quarter 2015 GAAP diluted EPS was $0.80. Third quarter 2015 net revenues1 were $529 million, up 6% year-over-year. On an organic basis, excluding the impact of foreign exchange rates and acquisitions, revenues increased 9%. Non-GAAP operating margin was 48% in the third quarter of 2015, up from 46% in the prior year period. In the third quarter, Nasdaq repurchased approximately $255 million of common stock. Through dividend payments and stock buybacks, the company returned $418 million in... More
