MarketAxess Holdings (MKTX) Tops Q1 EPS by 2c

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MarketAxess Reports First Quarter 2018 Record Revenues of $114.7 Million, Record Operating Income of $60.2 Million and Record Diluted EPS of $1.27

April 25, 2018 6:30 AM EDT

First Quarter Financial Highlights*

Record revenues of $114.7 million, up 11.4%Record operating income of $60.2 million, up 9.1%Expenses of $54.5 million, includes $1.7 million of duplicate occupancy expenseRecord diluted EPS of $1.27, up 14.4% from $1.11Record U.S. high-grade market share of 18.0%, up from 15.9%Record trading volume of $465.0 billion, up 17.9%Record trading volume in each of our four core products: U.S. high-grade, high-yield, Eurobonds and emerging market bonds

*All comparisons versus first quarter 2017.

NEW YORK, April 25, 2018 (GLOBE NEWSWIRE) -- MarketAxess Holdings Inc. (Nasdaq:... More