The company said net revenues less transaction-based expenses for Q2 2024 were $1.2 billion, up 25% from a year earlier and up 10% on a pro forma basis. It cited the benefit from the Adenza acquisition, $168 million, as part of the increase.

1. 01

   The company said net revenues less transaction-based expenses for Q2 2024 were $1.2 billion, up 25% from a year earlier and up 10% on a pro forma basis. It cited the benefit from the Adenza acquisition, $168 million, as part of the increase.

2. 02

   Nasdaq reported GAAP diluted earnings per share of $0.38 for Q2 2024, down 30% from $0.54 a year earlier. Non-GAAP diluted earnings per share was $0.69, down 3%, but up 7% on an organic basis.

3. 03

   Nasdaq said operating cash flow for Q2 2024 was $460 million. In the same quarter, it returned $138 million to shareholders through dividends and $58 million through share repurchases. The company also said it repaid a net $174 million of commercial paper in the quarter.

4. 04

   The company said it updated its non-GAAP operating expense guidance for 2024 to a range of $2,145 million to $2,185 million. It said it is maintaining its 2024 non-GAAP tax rate guidance in the range of 24.5% to 26.5%.

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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