Nasdaq, Inc. (NASDAQ:NDAQ) recorded its second quarter earnings results on Wednesday 22nd July 2020 before market open.
The trading, clearing, security listing body, reported $ 1.45 income per share for the quarter
On adjusted basis, Nasdaq, Inc. reported income for the quarter of $ 1.54 per share, beat the consensus estimate of $ 1.44 income per share by $ 0.10 or 6.94 percent.
The quarterly earnings grew 39.42 percent compared with the same quarter last year.
The firm had revenue of $ 699.00 million for the quarter, compared to the consensus estimate of $ 681.97 million. The revenues outshined analysts estimates by $ 17.03 million or 2.50 percent.
The financial report showed revenues raised 12.20 percent versus second quarter of last year.
Analysts estimates are from Thompson Reuters, exclude one time gain or loss
Adena Friedman, President and CEO, Nasdaq. said, Our foundational markets are demonstrating their resilience and the power of a distributed, electronic market model, handling record volumes through multiple periods of extreme volatility. We are also serving investors with thematic index products and data analytics that empower them to navigate through fundamental shifts caused by the pandemic economic disruption.
In a separate press release, The Board of Directors of Nasdaq, has declared a regular quarterly dividend of $0.49 per share on the outstanding common stock, payable on September 25, 2020 to shareholders of record at the close of business on September 11, 2020.
