Categories Earnings, Finance

Earnings Summary: A snapshot of Intercontinental Exchange’s Q2 results

Intercontinental Exchange, Inc. (NYSE: ICE), which owns and operates financial and commodity marketplaces and exchanges, announced results for the second quarter of 2023.

  • Second-quarter consolidated net revenue was $1.9 billion, including exchange net revenues of $1.1 billion
  • Fixed income & data services revenues were $546 million in Q2, while mortgage technology revenue came in at $249 million
  • Consolidated operating expenses and adjusted operating expenses were $933 million and $756 million, respectively
  • Total operating income was $955 million in the second quarter, and operating margin came in at 51%
  • Operating cash flow during the June quarter was $1.8 billion; adjusted free cash totaled $1.7 billion
  • Intercontinental Exchange paid $472 million in dividends during the three-month period
  • For the full-year 2023, the management expects recurring revenue to grow in the low-single digits

_________________________________________________________________________________________________________________

Stocks you may like:

Bank of America (BAC) Stock

Wells Fargo (WFC) Stock

JPMorgan Chase (JPM) Stock

Citigroup (C) Stock

Goldman Sachs (GS) Stock

Morgan Stanley (MS) Stock

_________________________________________________________________________________________________________________

Most Popular

DBX Earnings: A snapshot of Dropbox’s Q3 2024 results

Dropbox, Inc. (NASDAQ: DBX) reported an increase in adjusted earnings for the third quarter of 2024. Revenues rose modestly during the quarter. The company, a leading cloud-based document management platform,

Expedia Group (EXPE) Earnings: 3Q24 Key Numbers

Expedia Group, Inc. (NASDAQ: EXPE) reported revenue of $4.1 billion for the third quarter of 2024, up 3% compared to the same period a year ago. Net income attributable to

Main highlights from Take-Two Interactive Software’s (TTWO) Q2 2025 report

Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) were up over 5% on Thursday. The stock has gained 26% over the past three months. The company delivered revenue growth for

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top