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Nasdaq (NDAQ) Beats on Q1 Earnings, Cuts Expense Guidance
Nasdaq, Inc. NDAQ reported first-quarter 2019 adjusted earnings per share of $1.22, beating the Zacks Consensus Estimate of $1.17 by 4.3%. The bottom line decreased 1.6% year over year.
The company witnessed growth in non-trading revenues and decline in expenses. Strategic acquisitions contributed to revenues in the quarter.
Performance in Detail
Nasdaq’s revenues of $634 million decreased 4.8% year over year. The downside was primarily due to the impact of the divestitures of Public Relations Solutions and Digital Media Services businesses in 2018 and unfavorable forex. However, organic revenues grew 3%. Cinnober and Quandl acquisitions also contributed to revenues. The top line beat the Zacks Consensus Estimate of $633 million.
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https://finance.yahoo.com/news/nasdaq-nd...03558.html
![[Bild: NDAQc1dl0958.png]](https://finviz.com/publish/042519/NDAQc1dl0958.png)
Nasdaq, Inc. NDAQ reported first-quarter 2019 adjusted earnings per share of $1.22, beating the Zacks Consensus Estimate of $1.17 by 4.3%. The bottom line decreased 1.6% year over year.
The company witnessed growth in non-trading revenues and decline in expenses. Strategic acquisitions contributed to revenues in the quarter.
Performance in Detail
Nasdaq’s revenues of $634 million decreased 4.8% year over year. The downside was primarily due to the impact of the divestitures of Public Relations Solutions and Digital Media Services businesses in 2018 and unfavorable forex. However, organic revenues grew 3%. Cinnober and Quandl acquisitions also contributed to revenues. The top line beat the Zacks Consensus Estimate of $633 million.
...
https://finance.yahoo.com/news/nasdaq-nd...03558.html
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