Nasdaq Earnings Reports

Nasdaq reported a 10% increase in fourth quarter net revenue, reaching $1.2 billion. Solutions revenue also increased by 10%. The company returned $138 million to shareholders through dividends and repurchased $181 million of senior unsecured notes.

Nasdaq reported Q3 2024 net revenue of $1.1 billion, a 22% increase year-over-year, with Solutions revenue up 26%. The company's GAAP diluted EPS decreased by 11%, while non-GAAP diluted EPS increased by 5%. Nasdaq returned $138 million to shareholders through dividends and $88 million through share repurchases.

Nasdaq reported Q2 2024 results with net revenues of $1.2 billion, a 25% increase year-over-year, driven by a 34% increase in Solutions revenues. The company returned $138 million to shareholders through dividends and $58 million through share repurchases. Nasdaq is updating its 2024 non-GAAP operating expense guidance to a range of $2,145 million to $2,185 million, and maintaining its 2024 non-GAAP tax rate guidance to be in the range of 24.5% to 26.5%.

Nasdaq reported a strong first quarter in 2024, with net revenues of $1.1 billion, a 22% increase year-over-year. Solutions revenue grew by 35%, driven by Financial Technology and Index revenues. The company returned $127 million to shareholders through dividends and repaid $340 million in term loan balance.

Nasdaq reported a 23% increase in Q4 net revenues to $1.1 billion, driven by a 32% increase in Solutions revenues. The acquisition of Adenza contributed to revenue growth and strategic positioning. GAAP EPS decreased by 25%, while non-GAAP EPS increased by 13%.

Nasdaq reported a 6% increase in net revenues, reaching $940 million, driven by a 9% growth in Solutions Businesses revenues. GAAP diluted EPS increased by 2% to $0.60, while non-GAAP diluted EPS rose by 4% to $0.71. The company generated over $1.6 billion in free cash flow over the trailing twelve month period and returned $108 million to shareholders through dividends.

Nasdaq reported a 4% increase in net revenues compared to Q2 2022, driven by a 6% rise in Solutions businesses revenues. The company's GAAP diluted EPS decreased by 13%, while non-GAAP diluted EPS increased by 3%. Nasdaq returned $109 million to shareholders through dividends and announced the acquisition of Adenza to expand its technology offerings.

Nasdaq reported a 2% increase in net revenues for Q1 2023 compared to Q1 2022, with solutions businesses revenues increasing by 4%. The company returned $257 million to shareholders through share repurchases and dividends. Nasdaq is focused on investing in growth initiatives and has updated its 2023 non-GAAP operating expense guidance.

Nasdaq reported a 2% increase in net revenues for Q4 2022 compared to Q4 2021, with solutions businesses revenues increasing by 3% and trading services net revenues increasing by 1%. GAAP diluted EPS decreased by 6%, while non-GAAP diluted EPS remained unchanged.

Nasdaq reported a 6% increase in net revenues compared to Q3 2021, driven by an 8% increase in Solutions segments revenues. The company's GAAP diluted EPS increased by 5%, while non-GAAP diluted EPS increased by 15%. Nasdaq is also implementing a new corporate structure in Q4 2022 to enhance its strategy and client focus.

Nasdaq reported a 6% increase in net revenues for Q2 2022, driven by a 10% growth in Solutions segments revenue. GAAP diluted EPS decreased by 10% due to a prior-year divestiture gain, while non-GAAP diluted EPS increased by 9%. The company returned $819 million to shareholders in the first six months of 2022 and declared a three-for-one stock split.

Nasdaq reported a 5% increase in net revenues, reaching $892 million, driven by a 15% growth in Solutions segments revenues. The company also announced an 11% increase in the dividend and plans for a 3-for-1 stock split.

Nasdaq reported a 12% increase in net revenues for Q4 2021, reaching $885 million. Solutions segments revenues increased by 19%, which includes a 12% organic growth and a 7% contribution from the acquisition of Verafin. GAAP diluted EPS increased by 14% to $1.53, and non-GAAP diluted EPS increased by 21% to $1.93.

Nasdaq reported strong financial results for Q3 2021, with net revenues increasing by 17% compared to Q3 2020. The Solutions segments revenues increased by 19%, and Annualized Recurring Revenue (ARR) increased by 19%. GAAP diluted earnings per share increased by 7%, and non-GAAP diluted earnings per share increased by 16%.

Nasdaq reported a strong second quarter in 2021, with net revenues reaching $846 million, a 21% increase compared to the previous year. GAAP diluted EPS increased by 41% to $2.05, while non-GAAP diluted EPS increased by 23% to $1.90. The company's performance was driven by vibrant capital markets activity and demand for financial technology solutions.

Nasdaq reported a 21% increase in first quarter net revenues to $851 million compared to the prior year. GAAP diluted EPS increased by 46% to $1.78, while non-GAAP diluted EPS increased by 31% to $1.96. The company completed the acquisition of Verafin and agreed to sell its U.S. Fixed Income business.

Nasdaq's Q4 2020 net revenues were $788 million, a 22% increase year-over-year, driven by an 18% increase in Solutions segments revenues and a 29% increase in Market Services revenues. GAAP EPS increased by 11% to $1.34, and non-GAAP EPS increased by 24% to $1.60. The company also announced the pending acquisition of Verafin, expected to close in Q1 2021, to expand its anti-financial crime franchise.

Nasdaq reported a 13% increase in net revenues to $715 million for Q3 2020, driven by organic growth in non-trading segments and elevated trading volumes in Market Services. GAAP EPS increased by 76% to $1.58, and non-GAAP EPS increased by 20% to $1.53.

Nasdaq reported Q2 2020 net revenues of $699 million, a 12% increase year-over-year. GAAP EPS was $1.45, up 39% from Q2 2019, and non-GAAP EPS was $1.54, a 26% increase. The company issued a $500 million 30-year bond and repaid all commercial paper and borrowings under its revolver, improving available liquidity.

Nasdaq reported Q1 2020 net revenues of $701 million, an 11% increase year-over-year. GAAP diluted EPS was $1.22, while non-GAAP EPS was $1.50. The company strengthened its balance sheet by increasing cash reserves and refinancing senior notes.

Nasdaq's Q4 2019 net revenues were $646 million, a $1 million increase from the prior year period. GAAP diluted earnings per share was $1.21, up from a loss of $0.27 in Q4 2018, and non-GAAP diluted earnings per share was $1.29, up from $1.24 in Q4 2018. Revenues in the non-trading segments increased 9%, while Market Services revenues decreased 10%.