Nasdaq Q2 2023 Earnings Report
Key Takeaways
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.
Net revenues increased by 4% compared to the second quarter of 2022.
Solutions businesses revenues grew by 6%, with organic growth also at 6%.
Anti-Financial Crime revenue increased by 19% compared to the second quarter of 2022.
The company returned $109 million to shareholders through dividends.
Nasdaq
Nasdaq
Nasdaq Revenue by Segment
Forward Guidance
Nasdaq updated its 2023 non-GAAP operating expense guidance to a range of $1,785 million to $1,815 million and expects its 2023 non-GAAP tax rate to be in the range of 24% to 26%.