- Q4 net income of $150M or $0.89 per share up from $0.81 one year ago.
- 1.2M shares bought back for $67M during quarter - average price of $56.58. Another $159M remains in buyback program (as of year-end).
- Market Services (36% of revenues) - Revenue of $195M down 3% Y/Y, mostly thanks to negative impact of fx.
- Equity Derivatives (9% of revenues) -Revenue of $48M down nearly 10% Y/Y, with lower trading volumes, lower U.S. market share, and fx to blame.
- Cash Equities (12% of revenues) - Revenue of $66M up nearly 12% Y/Y.
- Previously: NASDAQ EPS in-line, beats on revenue (Jan. 28)
- CFO Lee Shavel is retiring effective March 31 after five years in the position. SVP and Corporate Controller Ron Hassen will be interim CFO as the company conducts a search for a replacement.
- NASDAQ:NDAQ flat premarket