Financial services company Cboe Global Markets, Inc. (Cboe: CBOE) on Friday announced an increase in revenues and adjusted earnings for the March quarter.
- First-quarter earnings, including special items, increased 20% annually to $1.96 per share
- On an adjusted basis, Q1 earnings were $2.15 per share, which is up 13% from the year-ago period
- Net Revenue for the March quarter advanced 7% annually to a record high of $502.1 million
- The company expects the higher end of organic total net revenue growth range of 5% to 7% in 2024
- The management reaffirmed the Data and Access Solutions Organic net revenue growth target of 7% to 10%
- The company lowered full-year adjusted operating expense guidance to $795-$805 million from $798-$808 million
- Adjusted EBITDA margin for the quarter increased by 1.4% year-over-year to 67.2%
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
WBA Earnings Preview: Will Walgreens’ Q3 report bring cheer to investors?
Walgreens Boots Alliance, Inc. (NASDAQ: WBA) has been facing challenges due to higher operating costs, rising competition, and an unfavorable retail environment. These factors have put pressure on the drugstore
Main points from Accenture’s (ACN) Q3 2024 earnings report
Shares of Accenture (NYSE: ACN) rose 6% on Thursday, following the company’s announcement of its third-quarter 2024 earnings results. Although revenue and profits missed expectations, the stock jumped after the
ACB Earnings: Aurora Cannabis reports narrower Q4 loss on higher revenues
Aurora Cannabis, Inc. (NASDAQ: ACB) on Thursday reported a net loss for the fourth quarter of 2024. The company’s revenues moved up 5% year-over-year during the quarter. The Canada-based recreational
