earnings
confidence high
sentiment positive
materiality 0.75
Nasdaq Q3 net revenue up 6% to $940M; non-GAAP EPS $0.71; Adenza close expected Q4
NASDAQ, INC.
2023-Q3 EPS reported
$1.74
revenue$4,417,000,000
- Net revenues $940M (+6% YoY); GAAP EPS $0.60 (+2%), non-GAAP EPS $0.71 (+4%).
- Solutions Businesses revenue up 9% (organic 8%); ARR $2.08B (+6%); Anti-Financial Crime revenue +21%.
- Trading Services net revenue $236M (-1% YoY) reflecting organic decline.
- Adenza antitrust review completed; transaction expected to close in Q4 2023.
- Quarterly dividend $0.22/share declared, payable Dec 22; share repurchase authorization increased to $2.0B.