secwatch.observer — SEC 8-K summary
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Issuer:     MARKETAXESS HOLDINGS INC (MKTX)
CIK:        0001278021
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0001193125-25-021304
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MarketAxess FY2024 revenue record $817M (+9%), EPS $7.28 (+6%); Q4 EPS $1.73; guides 2025 expenses up ~8%
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- Record full-year revenue $817.1M, up 9% YoY; net income $274.2M, diluted EPS $7.28 (up 6%).
- Q4 revenue $202.4M, diluted EPS $1.73 (down 6% YoY); total expenses $122.4M (+2%).
- Commission revenue growth: emerging markets +18%, Eurobonds +13%, rates +53% in Q4; US high-grade market share fell to 18.4% from 20.9% YoY.
- Board declared $0.76 per share quarterly dividend, payable March 5, 2025 to record Feb 19.
- FY2025 guidance: expenses $505-525M (midpoint ~8% increase), services revenue mid-single-digit growth, capex $65-70M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278021/000119312525021304/0001193125-25-021304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278021/000119312525021304/d877426d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-021304

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