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:
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
