earnings
confidence high
sentiment neutral
materiality 0.70
MarketAxess Q1 revenue down 5% to $186.1M; EPS $1.71; record trading volumes in UST, EM, muni
MARKETAXESS HOLDINGS INC
2022-Q1 EPS reported
$1.71
revenue$186,057,000
- Revenue $186.1M, down 5% YoY; diluted EPS $1.71 (includes $0.02 negative from tax/other special items).
- Record total trading ADV $37.5B (+22% YoY); record UST ADV $25.1B; record EM ADV $3.1B; record muni ADV $288M.
- Operating income $88M, margin 47%; EBITDA $105.8M, margin 56.8%.
- Declared $0.70/share dividend payable May 18 to holders of record May 4; repurchased 101,514 shares for $38.8M in Q1.
- Appointed Nash Panchal as Chief Information Officer, effective March 1, 2022.