Intercontinental Exchange, Inc. (ICE) CEO Jeff Sprecher on Q3 2021 Results - Earnings Call Transcript

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Q3: 2021-10-28 Earnings Summary

EPS of $1.30 beats by $0.07
 | Revenue of $1.80B (27.71% Y/Y) beats by $46.65M

Intercontinental Exchange, Inc. (NYSE:ICE) Q3 2021 Earnings Conference Call October 28, 2021 8:30 AM ET

Company Participants

Mary Caroline O'Neal - Head of Investor Relations
Warren Gardiner - Chief Financial Officer
Ben Jackson - President
Jeff Sprecher - Chairman & Chief Executive Officer

Conference Call Participants

Richard Repetto - Piper Sandler
Ken Worthington - JPMorgan
Brian Bedell - Deutsche Bank
Kyle Voigt - KBW
Dan Fannon - Jefferies
Chris Allen - Compass Point
Alex Blostein - Goldman Sachs
Alex Kramm - UBS

Operator

Good morning, and welcome to the Intercontinental Exchange Third Quarter 2021 Earnings Conference Call and Webcast. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, participants is being recorded.

I would now like to turn the conference over to Mary Caroline O'Neal, Head of Investor Relations. Please go ahead.

Mary Caroline O'Neal

Good morning. ICE's third quarter 2021 earnings release and presentation can be found in the Investors section of the ice.com. These items will be archived, and our call will be available for replay.

Today's call may contain forward-looking statements. These statements, which we undertake no obligation to update, represent our current judgment and are subject to risks, assumptions and uncertainties. For a description of the risks that could cause our results to differ materially from those described in forward-looking statements, please refer to our 2020 Form 10-K, third quarter Form 10-Q and other filings with the SEC.

In our earnings supplement, we refer to certain non-GAAP measures. We believe our non-GAAP measures are more reflective of our cash operations and core business performance. You'll find a reconciliation to the equivalent GAAP terms in the earnings materials. When used on this call, net revenue refers to revenue net of transaction-based expenses and adjusted earnings refers

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