NASDAQ (NDAQ) Tops Q1 EPS by 4c

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Nasdaq Reports First Quarter 2020 Results, Adapts to COVID-19 While Delivering for Clients

April 22, 2020 7:01 AM EDT

Nasdaq thanks all front-line workers who are committed to providing essential services to those impacted by the COVID-19 pandemic. The companys relief efforts will support small businesses, food provisioning to vulnerable communities, and the safety of healthcare workers.First quarter 2020 net revenues1 were $701 million, an increase of 11% over the first quarter of 2019. Compared to the prior year period, revenues in the non-trading segments2 increased 7%, primarily due to organic growth, while Market Services revenues rose 21%, due to historic trading volumes primarily in the second half of the first quarter.The GAAP... More