secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001193125-24-111540
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq Q1 net rev $1.12B (+22%), GAAP EPS $0.40 (-34%), raises dividend 9% to $0.24
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- Solutions revenue $871M (+35% YoY, +11% organic); Index revenue $168M (+53%), ETP AUM >$500B.
- Market Services net rev $237M (-9% YoY) on declines in U.S. equity derivatives, tape plan, cash equities.
- Non-GAAP diluted EPS $0.63 (-9% reported, +6% organic); non-GAAP op expense guidance updated to $2,125-2,185M.
- Quarterly dividend increased 9% to $0.24/share, payable June 28 to holders of record June 14.
- Returned $127M via dividends; no share repurchases in Q1; repaid remaining $340M term loan balance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312524111540/0001193125-24-111540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312524111540/d806601d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-111540

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer