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Nasdaq ( (NDAQ) ) has shared an announcement.
On January 29, 2025, Nasdaq reported its financial results for the fourth quarter and full year of 2024, highlighting a year of strong performance and strategic execution. The company achieved a 19% increase in net revenues to $4.6 billion, driven by a 25% rise in Solutions revenue. Financial Technology revenue grew by 10%, and Index revenue saw a remarkable 29% increase. Despite a 7% decline in GAAP diluted earnings per share for the year, the fourth quarter showed a significant recovery with a 72% increase. The company returned $138 million to shareholders through dividends and repurchased $181 million of senior unsecured notes in the fourth quarter. Nasdaq’s strategic initiatives, such as the integration of AxiomSL and Calypso, have positioned it well for future growth, focusing on cross-selling opportunities and expanding client relationships.
More about Nasdaq
Nasdaq, Inc. is a leading global technology company that serves the capital markets and other industries. It offers a diverse range of products and services, including trading, clearing, exchange technology, listing, information, and public company services. Nasdaq is known for operating the Nasdaq Stock Market, which is the second-largest stock exchange in the world by market capitalization.
YTD Price Performance: 4.86%
Average Trading Volume: 2,552,472
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $46.66B
See more insights into NDAQ stock on TipRanks’ Stock Analysis page.
