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The company said revenues less cost of revenues for the Options segment in Q3 2024 rose $30.1 million from a year earlier. It cited an increase in index options ADV of 13% and an increase in multi-listed options RPC of 15% as factors.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenues less cost of revenues for the Options segment in Q3 2024 rose $30.1 million from a year earlier. It cited an increase in index options ADV of 13% and an increase in multi-listed options RPC of 15% as factors.

  2. The company said the Digital segment's operating loss for the 9 months ended 2024 rose $71.7 million from a year earlier. It cited the impairment of intangible assets as the main reason operating expenses increased by $74.4 million.

  3. The company said net cash provided by operating activities for the 9 months ended September 30, 2024 was $1,811.0 million ($1,264.6 million a year earlier). It cited changes in restricted cash related to Cboe Clear Europe as the main factor behind the change.

  4. The company said it repurchased 144,370 shares in Q3 2024 at an average price of $170.45 per share, for a total of $24.6 million. It said $679.8 million remained under its existing repurchase authorization as of September 30, 2024.

Key figures

Quarter ended September 30, 2024

Revenue
$1.1B
Operating income
$307M
Net income
$219M
EPS
$2.07
Gross profit
$532M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Options segment revenues less cost of revenues rise in Q3

The company said revenues less cost of revenues for the Options segment in Q3 2024 rose $30.1 million from a year earlier. It cited an increase in index options ADV of 13% and an increase in multi-listed options RPC of 15% as factors.

Source · Based on the MD&A text of the filing

Digital segment operating loss widens on 9-month basis with impairment

The company said the Digital segment's operating loss for the 9 months ended 2024 rose $71.7 million from a year earlier. It cited the impairment of intangible assets as the main reason operating expenses increased by $74.4 million.

Source · Based on the MD&A text of the filing

Operating cash flow for 9 months

The company said net cash provided by operating activities for the 9 months ended September 30, 2024 was $1,811.0 million ($1,264.6 million a year earlier). It cited changes in restricted cash related to Cboe Clear Europe as the main factor behind the change.

Source · Based on the MD&A text of the filing

Share repurchases and remaining authorization

The company said it repurchased 144,370 shares in Q3 2024 at an average price of $170.45 per share, for a total of $24.6 million. It said $679.8 million remained under its existing repurchase authorization as of September 30, 2024.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.