Categories Earnings, Other Industries

Nasdaq Inc (NDAQ): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Nasdaq, Inc. (NASDAQ: NDAQ) reported third-quarter 2019 earnings of $1.27 per share, vs. $1.21 per share expected.

— Revenues rose 5% to $632 million, vs. $629.3 million expected.

— Nasdaq expects to incur $65-75 million in pre-tax charges over a two year period (including $30 million in 3Q19) related to non-cash items such as asset write-downs, accelerated depreciation as well as third-party consulting costs.

— For FY19, Nasdaq sees operating expenses in the range of $1.285 billion to $1.295 billion, and non-GAAP tax rate between 26% and 27%.

— NDAQ shares have gained 21% in the year-to-date period.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Most Popular

Cost reduction has become a priority for FedEx (FDX) after a challenging quarter

Shares of FedEx Corporation (NYSE: FDX) were up 1% on Tuesday. The stock has dropped 44% year-to-date and 34% over the past 12 months. The company delivered mixed results for

Prime Medicine is the next big biotech to pursue IPO. Here’s all you need to know

After a soft start to the year, the IPO market has witnessed muted activity so far though a few big companies entered the stock market. On the heels of AIG

Stock Watch: Is Darden Restaurants a good buy after earnings?

After a prolonged slowdown, the restaurant industry is returning to normal patterns but macroeconomic uncertainties and high inflation are currently playing spoilsport for it. While the pandemic-related slump forced many

Add Comment
Viewing Highlight