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The Nasdaq logo is seen on the exterior of the Nasdaq MarketSite in Times Square. (Brendan McDermid/Reuters)
The Nasdaq logo is seen on the exterior of the Nasdaq MarketSite in Times Square. (Brendan McDermid/Reuters)

Recent acquisitions help boost Nasdaq earnings Add to ...

Transatlantic exchange operator Nasdaq OMX Group Inc on Wednesday reported a higher fourth-quarter profit, helped by increased revenue from recent acquisitions.

Net income attributable to Nasdaq totaled $141-million, or 81 cents per share, up from $85-million, or 50 cents per share, a year earlier.

Not including one-time items, the New York-based company earned 69 cents per share, topping the consensus of analysts by 2 cents, according to Thomson Reuters I/B/E/S.

Revenue rose 23 per cent to $520-million.

Nasdaq last year closed a $390-million deal to buy Thomson Reuters Corp’s investor relations, public relations and multimedia services businesses.

It also financed a $750-million deal to buy eSpeed, the electronic Treasuries-trading platform, from BGC Partners Inc , giving it a foothold in fixed income.

Market services revenues, which include derivatives, cash equities, fixed income and access and broker services, rose 9 per cent to $204-million.

Technology solutions revenues, which include corporate solutions and market technology, rose 89 per cent to $149, helped by the Thomson Reuters deal.

Information services revenues, which include market data and index licensing and services, rose 10 per cent to $109-million.

Listing services revenues were up 2 per cent to $58-million.

 
Security Price Change
NDAQ-Q NASDAQ OMX Group 35.01 0.28
0.806 %
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