ICE Q1 2024 Earnings Report
Key Takeaways
Intercontinental Exchange reported strong first-quarter results, driven by its mission-critical data and technology. The company achieved record revenues and operating income, reflecting the strength of its diversified business and strategic investments.
Consolidated net income attributable to ICE was $767 million on $2.3 billion of consolidated revenues.
First quarter GAAP diluted EPS were $1.33.
Adjusted net income attributable to ICE was $852 million and adjusted diluted EPS were $1.48.
Generated record revenues and record operating income.
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Forward Guidance
Full year and 2Q 2024 non-GAAP operating expenses exclude amortization of acquisition-related intangibles, duplicate rent expenses and Black Knight integration costs. Non-operating expense includes interest income, interest expense and net other income/expense. Non-GAAP non-operating expense excludes equity earnings/losses from unconsolidated investees.