Categories Earnings, Finance

Earnings Summary: Highlights of Cboe Global Markets’ (CBOE) Q1 2024 results

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

AVGO Earnings: Broadcom Q2 2024 revenue and profit beat estimates

Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Wednesday reported higher second-quarter revenues and adjusted earnings. The results also topped analysts' expectations. Earnings, excluding non-recurring items, came in at $10.96 per

Key takeaways from Oracle’s (ORCL) Q4 2024 earnings report

Oracle Corporation’s (NYSE: ORCL) stock rallied this week after the company announced large cloud infrastructure deals with tech giants Google, OpenAI, and Microsoft. The demand for Oracle's generative AI infrastructure

ZDGE Earnings: Zedge reports higher revenues and adj. profit for Q3 2024

Content distribution platform Zedge, Inc. (NYSE American: ZDGE) has reported higher net income for the third quarter of 2024, on an adjusted basis. The bottom line benefitted from a double-digit

Add Comment
Viewing Highlight