earnings
confidence high
sentiment positive
materiality 0.70
MarketAxess Q3 revenue $172.1M (+6%), EPS $1.58, record market share gains
MARKETAXESS HOLDINGS INC
2022-Q3 EPS reported
$5.07
revenue$540,398,000
- Diluted EPS $1.58 on net income $59.3M, up 4% YoY from $1.52.
- Revenue $172.1M (+6% YoY); total ADV $31.4B (+32%), credit ADV $11.0B, US Treasury ADV $20.1B.
- Record composite corporate bond market share 20.6% (+170 bps); Eurobonds share 17.6% (+450 bps).
- Board declared $0.70/share dividend payable Nov 16, 2022 to holders of record Nov 2, 2022.
- FY2022 expense guidance narrowed to $390M-$398M; capex guidance $48M-$52M.