Financial services company Cboe Global Markets, Inc. (CBOE: CBOE) on Friday announced an increase in revenues and adjusted earnings for the June quarter.
- Q2 earnings were $1.33, down 15% from the prior-year quarter, primarily due to the impairment of intangible assets recognized in the Digital reporting unit
- On an adjusted basis, earnings were $2.15 per share in Q2, up 21% and in line with the quarterly record from the first quarter of 2024
- Second-quarter net revenue increased 10% annually to a record high of $513.8 million
- For fiscal 2024, the management expects net revenue to grow in the range of 6% to 8%, which is up from the previous guidance of 5-7%
- The management reaffirmed its full-year adjusted operating expense guidance at $795-$805 million
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 reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Unicycive is all-in on kidney care, focusing on underserved areas: CEO
Unicycive Therapeutics, Inc. (NASDAQ: UNCY) is a biotech firm engaged in the development of novel treatment options for patients with renal diseases. In an email interview with AlphaStreet, CEO Dr.
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
