Nasdaq Q1 2022 Earnings Report
Key Takeaways
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.
Net revenues increased by 5% compared to Q1 2021, reaching $892 million.
Solutions segments revenues grew by 15%, including organic growth and contribution from the Verafin acquisition.
GAAP diluted EPS decreased by 4%, while non-GAAP diluted EPS increased by 1% compared to Q1 2021.
The company returned $556 million to shareholders through dividends and repurchases and announced an 11% dividend increase.
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Nasdaq Revenue by Segment
Forward Guidance
Nasdaq narrowed its 2022 non-GAAP operating expense guidance to a range of $1,700 to $1,760 million and expects its 2022 non-GAAP tax rate to be in the range of 24.0% to 26.0%.