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Mar 31, 2021
Nasdaq Q1 2021 Earnings Report
Nasdaq reported a strong Q1 2021 with a 21% increase in revenue and strategic advancements.
Key Takeaways
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.
Net revenues increased 21% year-over-year, driven by growth in Solutions and Market Services segments.
GAAP diluted earnings per share increased 46% compared to the first quarter of 2020.
Completed the acquisition of Verafin, expanding its anti-financial crime technology solutions.
Agreed to sell its U.S. Fixed Income business to concentrate on technology, analytics, and ESG opportunities.
Nasdaq
Nasdaq
Nasdaq Revenue by Segment
Revenue by Segment
Market Services Revenue
CapyFin.com Forward Guidance
Nasdaq is updating its 2021 non-GAAP operating expense guidance to a range of $1,570 to $1,620 million and expects its 2021 non-GAAP tax rate to be in the range of 25% to 27%.