Financial services company Cboe Global Markets, Inc. (Cboe: CBOE) on Friday announced an increase in revenues and adjusted earnings for the June quarter.
- On a reported basis, CBOE generated earnings of $1.57 in the second quarter, compared to a loss of $1.74 per share in the prior-year period
- Net Income allocated to stockholders was $167 million in the June quarter, vs. a loss of $184.5 million in Q2 2022
- Adjusted earnings, excluding one-off items, moved up 7% annually to $1.78 per share during the three-month period
- The bottom line growth reflects a 10% year-over-year growth in revenues to $467.1 million
- The management expects to achieve the higher end of its organic revenue growth forecast range of 7-9% in fiscal 2023
- The company reduced its 2023 adjusted operating expense guidance to $766-$774 million from the earlier forecast of $769-$779 million
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion
