NASDAQ (NDAQ) Tops Q3 EPS by 1c

Nasdaq Announces Quarterly Dividend of $0.32 Per Share

NEW YORK, Oct. 26, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.32 per share on the company's outstanding common stock.  The dividend is payable on December 30, 2016, to shareowners of record at the close of business on December 16, 2016.  Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Information set forth in this communication contains forward-looking statements that involve a number of risks and... More

Nasdaq Reports Third Quarter 2016 Earnings; Delivers Record Subscription and Recurring Revenues(1)

Net revenues2 were a record $585 million in the third quarter of 2016, up 11% year-over-year.Third quarter 2016 diluted EPS was $0.77.  Non-GAAP3 diluted EPS for the third quarter 2016 was $0.91.Subscription and recurring revenues in the third quarter of 2016 were a record and represented 75% of total net revenues.  Information Services, Technology Solutions, and Listing Services segments each achieved quarterly record net revenues.At September 30, 2016, the company had achieved $23 million in annualized run-rate cost synergies for the acquisitions completed in 2016 out of a targeted $60 million expected upon completion of integration.During the third quarter of 2016, Nasdaq repurchased $55... More