TMX Group Ltd. says earnings edged up in the third quarter as it hit record revenue for the period.
The owner of the Toronto Stock Exchange says it earned $61.7-million, or $1.09 for each diluted share, for the three months ending Sept. 30. That’s up from $57.5-million, or $1.02, for the same stretch last year.
Adjusted earnings were $1.25 for each diluted share for the quarter, up from $1.19 last year. Revenue was $196.3-million, up from $192.8-million for the third quarter last year.
Analysts had expected per-share earnings of $1.45 and revenue of $208.2 million, according to financial markets data firm Refinitiv.
The company says revenue was boosted by higher derivatives trading and clearing and by Trayport, its energy trading platform.
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