Nasdaq said net revenue rose 13% to $1.481 billion in the quarter ended Sept. 30, as diluted earnings also increased in the company’s latest quarterly results announced Oct. 22.
Diluted earnings per share under generally accepted accounting principles (GAAP) were $0.96, up 31% from the same quarter a year earlier. Diluted earnings per share on a non-GAAP basis increased 18% to $1.04.
Solutions revenue climbed 17% to $1.172 billion. Within that business, Financial Technology revenue rose 16% to $529 million, while Index revenue gained 39% to $286 million. Market Services net revenue increased 2% to $309 million.
Nasdaq also declared a quarterly cash dividend of $0.31 per share. The company designated Dec. 4 as the record date and scheduled payment for Dec. 18.
Nasdaq issued its earnings and dividend announcements on Oct. 22. Its Form 8-K filed with the U.S. Securities and Exchange Commission included the earnings release as Exhibit 99.1 and the dividend notice as Exhibit 99.2. The filing said the earnings information was furnished and was not deemed filed for purposes of the Securities Exchange Act.
