other material
confidence high
sentiment neutral
materiality 0.50
Nasdaq files pro forma financials for Adenza acquisition; combined EPS $1.65 vs historical $2.08
NASDAQ, INC.
- Adenza full-year 2023 revenue $583M, GAAP operating income $174M, non-GAAP operating income $331M.
- Pro forma combined net income attributable to Nasdaq $839M, diluted EPS $1.65 for year ended Dec 31, 2023.
- Pro forma adjustments include $153M incremental intangible amortization from acquisition.
- Filing supports new Registration Statement on Form S-3; acquisition closed Nov 1, 2023.
- Issued 85.6M Nasdaq shares at $48.71 as part of purchase consideration of $9.94B.