AI English summary of an SEC filing — figures as filed
The company said its Q4 2024 total revenues less cost of revenues (net revenue) were $524.5 million, up 5% from $499.0 million in the prior-year period. Diluted EPS for the same quarter was $1.86, down 6%, and adjusted diluted EPS was $2.10, up 2%.
Key points
AI summaryThe company said its Q4 2024 total revenues less cost of revenues (net revenue) were $524.5 million, up 5% from $499.0 million in the prior-year period. Diluted EPS for the same quarter was $1.86, down 6%, and adjusted diluted EPS was $2.10, up 2%.
Cboe Global Markets said full-year 2024 net revenue rose 8% to a record $2.1 billion. Diluted EPS was $7.21, up 1%, and adjusted diluted EPS was $8.61, up 10%.
The company said its total operating expenses for Q4 2024 were $226.0 million, up $21.0 million from $205.0 million in the prior-year period. It cited the change in contingent consideration related to prior acquisitions and higher travel and promotional expenses, technology support services, and professional fees and outside services as factors behind the increase.
The company expects organic total net revenue growth to be in the mid single digit range in 2025. It also said adjusted operating expenses for 2025 are expected to be in the range of $837 to $852 million, excluding the expected amortization of acquired intangible assets of $70 million.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.
Q4 2024 Net Revenue and Diluted EPS
The company said its Q4 2024 total revenues less cost of revenues (net revenue) were $524.5 million, up 5% from $499.0 million in the prior-year period. Diluted EPS for the same quarter was $1.86, down 6%, and adjusted diluted EPS was $2.10, up 2%.
Source · Based on the filing body and exhibits
Record 2024 net revenue and diluted EPS
Cboe Global Markets said full-year 2024 net revenue rose 8% to a record $2.1 billion. Diluted EPS was $7.21, up 1%, and adjusted diluted EPS was $8.61, up 10%.
Source · Based on the filing body and exhibits
Operating expense increase explained for Q4 2024
The company said its total operating expenses for Q4 2024 were $226.0 million, up $21.0 million from $205.0 million in the prior-year period. It cited the change in contingent consideration related to prior acquisitions and higher travel and promotional expenses, technology support services, and professional fees and outside services as factors behind the increase.
Source · Based on the filing body and exhibits
2025 full-year outlook (guidance)
The company expects organic total net revenue growth to be in the mid single digit range in 2025. It also said adjusted operating expenses for 2025 are expected to be in the range of $837 to $852 million, excluding the expected amortization of acquired intangible assets of $70 million.
Source · Based on the filing body and exhibits
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.
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