NASDAQ (NDAQ) Tops Q2 EPS by 2c
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Nasdaq Reports Second Quarter 2018 Results; Completes Divestiture; Delivers Strong Organic Revenue Growth
July 25, 2018 7:01 AM EDTIn April, the company completed the divestiture of its Public Relations Solutions and Digital Media Services businesses, a key step in our strategic repositioning to maximize opportunities as a capital markets technology and analytics provider. Second quarter 2018 net revenues1 were $615 million, a 3% increase compared to the second quarter of 2017. The year over year increase in revenues resulted from 7% organic revenue growth, a 1% positive impact from changes in FX, and a 5% revenue reduction due to the net impact of the divestiture and... More
