Bats Global Market (BATS) Tops Q3 EPS by 4c

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Go back to Bats Global Market (BATS) Tops Q3 EPS by 4c

Bats Reports Third Quarter Net Income Growth of 13%

November 3, 2016 7:00 AM EDT

Announces Quarterly Cash Dividend of $0.08 per share

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Bats Global Markets, Inc. (Bats: BATS), a leading global exchange operator and provider of market data and other financial markets services, today reported net income of $28.5 million and adjusted earnings of $35.3 million for the third quarter ended September 30, 2016. Net income increased 13% and adjusted earnings rose 17% compared to the same period in 2015 driven by continued growth in non-transaction revenue.

Diluted earnings per share increased to $0.29 during the third quarter of 2016 from $0.27 for the same period in 2015, along with adjusted earnings,... More