earnings
confidence high
sentiment positive
materiality 0.75
MarketAxess Q4 revenue up 10.9% to $197M; diluted EPS $1.84 (+16.5%); dividend raised to $0.74/share
MARKETAXESS HOLDINGS INC
2023-FY EPS reported
$6.85
revenue$752,547,000
- Q4 total revenues $197.2M (+10.9% YoY); net income $69.6M (+18%); diluted EPS $1.84 (+16.5%).
- Record information services revenue $11.9M (+14.6%) and post-trade revenue $11.0M (+24.1%).
- Total credit ADV $13.1B (+8.9%); US high-grade ADV $6.2B (+13.3%); market share 20.9% (down 20bps YoY).
- Record portfolio trading volume $41.8B (+35.8%); 30.3% of eligible volume executed on X-Pro platform.
- Dividend increased to $0.74/share from $0.72, payable Feb 28, record Feb 14.