Nasdaq Q3 Non-GAAP EPS Beats Estimates as Capital Access Platforms Revenue Grows 20%
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Nasdaq, Inc. posted $1.04 in non-GAAP diluted earnings per share for the third quarter, above the $1.03 mean and $1.02 median analyst estimates. The quarter ended Sept. 30. GAAP diluted earnings were $0.96 per share, up 31% from a year earlier, while non-GAAP earnings per share increased 18%. Net revenue was $1.481 billion, up 13% from $1.315 billion a year earlier. Organic net revenue growth was 14%. Nasdaq defines net revenue as revenue less transaction-based expenses. Capital Access Platforms revenue climbed 20% to $641 million from $534 million a year earlier. Index revenue rose 39% to $286 million.
Source: TokenPost
