Nasdaq’s Q1 2017 Earnings Record All-Time High in Revenues
- Nasdaq saw its business rise to new heights in Q1 with record revenues and a growth in EPS.
Nasdaq, Inc. (Nasdaq:NDAQ), one of the largest market operators in the US, has reported its Q1 2017 financial results for the period ending March 31, 2017. The latest figures showed a marginal increase in revenues, albeit scoring a new all-time high in Q1, according to a group filing.
The London Summit 2017 is coming, get involved!
Looking at its overall business in Q1 2016, Nasdaq reported an all-time high in its total revenues of $606.0 million, which was good for a 2.2 percent quarter-over-quarter growth compared with $594.0 million in Q4 2016. By extension, the group bested its 2016 counterpart, recording a rise of 5.9 percent year-over-year from $572.0 million in Q1 2016.
One of the largest drivers of this growth during Q1 2017 was a $50 million positive impact from acquisitions in tandem with a $15 million boost from non-trading segments. As such, Nasdaq’s organic growth in non-trading segments climbed 5.0 percent year-over-year in Q1 2017, relative to the year prior.
In terms of its other quarterly highlights, Nasdaq’s Q1 2017 GAAP diluted EPS per share came in at $1.10, relative to just $0.95 in Q4 2016, which was good for a boost of 15.8 percent quarter-over-quarter. Overall, its non-GAAP diluted EPS grew $0.19 from Q1 2016 or 21.0 percent on a year-over-year basis.
Adena Friedman
According to Adena Friedman, President and CEO, Nasdaq, in a statement on the earnings: “I'm pleased Nasdaq was able to set new highs in terms of operating income and EPS, and deliver continued strong organic revenue growth across the non-transactional businesses, despite a challenging trading volume environment.”
"Importantly, we are seeing growth in areas where we've invested materially to innovate for the benefit of our clients, bringing them new or enhanced capabilities and efficiencies, in particular in the Market Technology, Information Services and Corporate Solutions businesses."
"We have made significant early progress towards our 2017 Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term priorities. We have improved our competitive position, as evidenced by higher market share in several key trading markets, progressed on our Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term integrations, and continued our efforts to commercialize key disruptive technologies, as illustrated by early sales success of the Nasdaq Financial Framework, our next generation Market Technology offering,” explained Ms. Friedman.
Nasdaq, Inc. (Nasdaq:NDAQ), one of the largest market operators in the US, has reported its Q1 2017 financial results for the period ending March 31, 2017. The latest figures showed a marginal increase in revenues, albeit scoring a new all-time high in Q1, according to a group filing.
The London Summit 2017 is coming, get involved!
Looking at its overall business in Q1 2016, Nasdaq reported an all-time high in its total revenues of $606.0 million, which was good for a 2.2 percent quarter-over-quarter growth compared with $594.0 million in Q4 2016. By extension, the group bested its 2016 counterpart, recording a rise of 5.9 percent year-over-year from $572.0 million in Q1 2016.
One of the largest drivers of this growth during Q1 2017 was a $50 million positive impact from acquisitions in tandem with a $15 million boost from non-trading segments. As such, Nasdaq’s organic growth in non-trading segments climbed 5.0 percent year-over-year in Q1 2017, relative to the year prior.
In terms of its other quarterly highlights, Nasdaq’s Q1 2017 GAAP diluted EPS per share came in at $1.10, relative to just $0.95 in Q4 2016, which was good for a boost of 15.8 percent quarter-over-quarter. Overall, its non-GAAP diluted EPS grew $0.19 from Q1 2016 or 21.0 percent on a year-over-year basis.
Adena Friedman
According to Adena Friedman, President and CEO, Nasdaq, in a statement on the earnings: “I'm pleased Nasdaq was able to set new highs in terms of operating income and EPS, and deliver continued strong organic revenue growth across the non-transactional businesses, despite a challenging trading volume environment.”
"Importantly, we are seeing growth in areas where we've invested materially to innovate for the benefit of our clients, bringing them new or enhanced capabilities and efficiencies, in particular in the Market Technology, Information Services and Corporate Solutions businesses."
"We have made significant early progress towards our 2017 Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term priorities. We have improved our competitive position, as evidenced by higher market share in several key trading markets, progressed on our Acquisition Acquisition Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Acquisition means acquiring or taking possession or the securing of property, services, or abilities. To put it simply, it is the act or process of acquiring or gaining. You can acquire a work of art, you can acquire an ability such as speaking another language, you can acquire a business or shares in a company and you can acquire an accountant's service. For example, you can acquire a new car. In a broad sense, Acquisition can mean the act of taking ownership or possession of something. There Read this Term integrations, and continued our efforts to commercialize key disruptive technologies, as illustrated by early sales success of the Nasdaq Financial Framework, our next generation Market Technology offering,” explained Ms. Friedman.