AI English summary of an SEC filing — figures as filed
Nasdaq NDAQThe company said net revenue less transaction-based expenses for Q3 2024 was $1,146 million, up 22% from a year earlier. Of this, Solutions revenue was $872 million, up 26%. The company said the increase in net revenue included a $146 million contribution related to the Adenza acquisition.
Key points
AI summaryThe company said net revenue less transaction-based expenses for Q3 2024 was $1,146 million, up 22% from a year earlier. Of this, Solutions revenue was $872 million, up 26%. The company said the increase in net revenue included a $146 million contribution related to the Adenza acquisition.
Nasdaq said GAAP operating income for Q3 2024 was $448 million, up 4%, and GAAP diluted earnings per share was $0.53, down 11%. Non-GAAP diluted earnings per share was $0.74, up 5%.
The company said GAAP operating expenses for Q3 2024 were $698 million, up 37% from the prior-year period. The company cited the addition of $87 million in amortization expense for acquired intangible assets from the Adenza acquisition, and $61 million of other AxiomSL and Calypso operating expenses as factors.
Nasdaq said cash flow from operations for Q3 2024 was $244 million, and it returned $138 million to shareholders through dividends and $88 million through share repurchases. The company also said it repaid a net $50 million of commercial paper in the quarter. It said $1.7 billion remained under the board-authorized share repurchase program as of September 30, 2024.
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.
Nasdaq Q3 2024 Net Revenue and Solutions Revenue
The company said net revenue less transaction-based expenses for Q3 2024 was $1,146 million, up 22% from a year earlier. Of this, Solutions revenue was $872 million, up 26%. The company said the increase in net revenue included a $146 million contribution related to the Adenza acquisition.
Source · Based on the filing body and exhibits
Q3 2024 GAAP Operating Income and Diluted EPS
Nasdaq said GAAP operating income for Q3 2024 was $448 million, up 4%, and GAAP diluted earnings per share was $0.53, down 11%. Non-GAAP diluted earnings per share was $0.74, up 5%.
Source · Based on the filing body and exhibits
Q3 2024 Operating Expenses and Adenza Impact
The company said GAAP operating expenses for Q3 2024 were $698 million, up 37% from the prior-year period. The company cited the addition of $87 million in amortization expense for acquired intangible assets from the Adenza acquisition, and $61 million of other AxiomSL and Calypso operating expenses as factors.
Source · Based on the filing body and exhibits
Q3 2024 Operating Cash Flow and Shareholder Returns
Nasdaq said cash flow from operations for Q3 2024 was $244 million, and it returned $138 million to shareholders through dividends and $88 million through share repurchases. The company also said it repaid a net $50 million of commercial paper in the quarter. It said $1.7 billion remained under the board-authorized share repurchase program as of September 30, 2024.
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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