Nasdaq: Q4 Earnings Snapshot
By AP News
Published - Jan 31, 2024, 07:09 AM ET
Last Updated - Jan 31, 2024, 07:09 AM EST
NEW YORK (AP) — NEW YORK (AP) — Nasdaq Inc. (NDAQ) on Wednesday reported fourth-quarter profit of $197 million.
The New York-based company said it had profit of 36 cents per share. Earnings, adjusted for one-time gains and costs, were 72 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The exchange operator posted revenue of $1.65 billion in the period. Its adjusted revenue was $1.12 billion, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $1.06 billion.
