earnings
confidence high
sentiment neutral
materiality 0.75
Nasdaq Q2 net revenues $1.2B (+25% YoY); GAAP EPS $0.38 (-30%), non-GAAP $0.69 (-3%)
NASDAQ, INC.
2024-Q2 EPS reported
$0.79
revenue$3,469,000,000
- Net revenues $1.2B up 25% YoY (10% pro forma); Solutions revenues $901M up 34%.
- GAAP diluted EPS $0.38 (-30%); non-GAAP diluted EPS $0.69 (-3%), but up 7% organically.
- Annualized Recurring Revenue (ARR) $2.668B, up 29% YoY (7% pro forma).
- Board declared quarterly dividend $0.24/share, payable Sep 27 to holders of record Sep 13.
- 2024 non-GAAP operating expense guidance updated to $2,145M-$2,185M; deleveraging target achieved.