secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001193125-25-014912
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq Q4 net revenue up 10%, non-GAAP EPS +5%; declares $0.24 dividend
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- 2024 non-GAAP net revenue $4.683B, up 9% adjusted; Q4 net revenue $1.227B, up 10%.
- GAAP diluted EPS Q4 $0.61 (+72% YoY); full year $1.93 (-7%). Non-GAAP Q4 $0.76 (+5%), full year $2.82 (flat).
- ARR $2.768B, +7% YoY; Financial Tech ARR up 12% organic; Index revenue $188M (+29%).
- Quarterly dividend $0.24/share, payable March 28, 2025 to holders of record March 14, 2025.
- 2025 guidance: non-GAAP op. expense $2,245M-$2,325M; tax rate 22.5%-24.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525014912/0001193125-25-014912-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525014912/d927353d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-014912

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