The company said net revenues less transaction-based expenses for Q1 2024 were $1,117 million, up 22% from the prior-year period, with organic growth of 6% and pro forma growth of 7%. Solutions revenue was $871 million, up 35%.

1. 01

   The company said net revenues less transaction-based expenses for Q1 2024 were $1,117 million, up 22% from the prior-year period, with organic growth of 6% and pro forma growth of 7%. Solutions revenue was $871 million, up 35%.

2. 02

   Nasdaq said GAAP diluted earnings per share for Q1 2024 were $0.40, down 34%. Non-GAAP diluted earnings per share were $0.63, down 9%, but up 6% organically.

3. 03

   The company said GAAP operating expenses for Q1 2024 were $707 million, up 41%. It cited amortization of acquired intangible assets of $86 million, other AxiomSL and Calypso operating expenses of $68 million, and a one-time pension settlement charge of $23 million as contributors to the increase.

4. 04

   Nasdaq said cash flow from operations for Q1 2024 was $530 million. It returned $127 million to shareholders through dividends and repaid the remaining term loan balance of $340 million. The company did not repurchase shares in the same quarter.

Analysis 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.

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

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