Categories Earnings, Finance, LATEST

Nasdaq, Inc. (NASDAQ: NDAQ): Q4 2019 Earnings Snapshot

— Nasdaq, Inc. (NASDAQ: NDAQ) reported adjusted earnings of $1.29 per share for the fourth quarter of 2019, compared to $1.24 per share last year, vs. $1.27 per share expected.

— Unadjusted net income was $202 million or $1.21 per share, compared to a loss of $44 million or $0.27 per share a year earlier

— Fourth-quarter revenues increased 2.2% annually to $646 million, vs. 640.83 million expected

— Revenues in the non-trading segments rose 9% annually, primarily driven by organic growth

— Market Services revenues decreased 10% compared to the fourth quarter of 2018

— In fiscal 2019, Nasdaq signed seven new market infrastructure operator and New Market clients for its core matching, surveillance and post-trade systems

— Introduced artificial intelligence capabilities to improve surveillance patterns on the U.S. stock market

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

Most Popular

Stitch Fix (SFIX) Stock: Will the innovative biz model survive virus-led slump?

The business world is still struggling to come out of the virus-induced slowdown, but it seems almost every retail segment benefited from the pandemic at some point. The vaccination drive

General Mills (GIS): Three factors that are expected to help drive growth for the food company going forward

Shares of General Mills Inc. (NYSE: GIS) were up 3.2% on Wednesday after the company delivered better-than-expected results for the first quarter of 2022. Net sales rose 4% year-over-year to

IPO Alert: Allvue Systems sets IPO terms, to raise around $290 million

It is estimated that the alternative investments industry has expanded at a compound annual rate of 10.2% over the past ten years and had $11 trillion in assets under management

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