Intercontinental Exchange (ICE) Reports January 2020 Statistics

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Intercontinental Exchange (ICE) Reports In-Line Q4 EPS

February 6, 2020 7:33 AM EST

Intercontinental Exchange (NYSE: ICE) reported Q4 EPS of $0.95, in-line with the analyst estimate of $0.95. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.3 billion.

Scott A. Hill, ICE Chief Financial Officer, added: \"In 2019 we generated record revenues, record operating... More

Intercontinental Exchange (ICE) Acquires Bridge2 Solutions

February 5, 2020 9:21 AM EST

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it has agreed to acquire Bridge2 Solutions, a leading provider of loyalty solutions for merchants and consumers. Following the completion of the transaction, Bakkt, a majority-owned subsidiary of ICE, intends to acquire Bridge2 Solutions from ICE using proceeds from Bakkts Series B round of funding, which is expected to close later this quarter.

Since launching the Bakkt Warehouse in 2019, along with its growing suite of bitcoin futures and... More