07.05.2024 13:00:09 - dpa-AFX: MarketAxess Q2 Profit Declines, But Top Estimates

WASHINGTON (dpa-AFX) - Electronic trading platform MarketAxess Holdings Inc.
(MKTX) reported Thursday that its second-quarter net income declined to $72.62
million or $1.92 per share from $73.63 million or $1.96 per share in the
prior-year quarter.

On average, 13 analysts polled by Thomson Reuters expected the company to report
earnings of $1.87 per share for the quarter. Analysts' estimates typically
exclude special items.

Total revenues for the quarter increased 3.5 percent to $210.32 million from
$203.17 million in the same quarter last year. Analysts expected revenues of
$212.56 million for the quarter.

The Company's board of directors also declared a quarterly cash dividend to
$0.74 per share of common stock outstanding, payable on June 5, 2024 to
stockholders of record as of the close of business on May 22, 2024.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MARKETAXESS HLDGS DL-,001 A0B897 Frankfurt 182,600 05.06.24 08:46:58 +1,000 +0,55% 0,000 0,000 182,600 181,600

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