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
Important takeaways from Conagra Brands’ Q4 2025 report
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported weaker-than-expected sales and adjusted earnings for its fourth quarter, reflecting ongoing economic uncertainty and muted consumer spending.
Delta Air Lines (DAL) gains on strong Q2 2025 performance
Shares of Delta Air Lines (NYSE: DAL) rose 12% on Thursday after the company delivered strong results for the second quarter of 2025 and restored its guidance for the full
CAG Earnings: Conagra Brands Q4 adj. profit drops, misses estimates
Conagra Brands, Inc. (NYSE: CAG), a leading provider of consumer packaged goods, reported lower sales and adjusted earnings for the fourth quarter of 2025. Results missed analysts' estimates. Net sales
