Nasdaq OMX ( (NDAQ) ) has released its Q4 earnings. Here is a breakdown of the information Nasdaq OMX presented to its investors.
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Nasdaq, Inc., a global technology company, operates within the financial sector, offering data, analytics, software, exchange capabilities, and client-centric services to optimize business operations in the global capital markets. The company reported strong financial results for 2024, with net revenues of $4.6 billion, marking a 19% increase from 2023. Key highlights include a 10% rise in financial technology revenue and a 29% growth in index revenue. Annualized Recurring Revenue (ARR) reached $2.8 billion, representing a 7% increase, while SaaS revenues grew by 14%, accounting for 37% of ARR. Despite a 7% decline in GAAP diluted earnings per share for the year, the fourth quarter saw a 72% increase. The company returned $138 million to shareholders and repurchased $181 million of senior unsecured notes during the fourth quarter. Nasdaq’s strategic execution included significant growth in its financial technology sector, with substantial progress in integrating recent acquisitions and expanding international operations, resulting in 120 new clients and 127 upsells. The Index business saw $80 billion in net inflows for the year, and Nasdaq maintained its position as the leading U.S. exchange for IPOs. Looking ahead to 2025, Nasdaq aims to drive further growth and value for its clients through its strategic priorities, focusing on innovation, scalable solutions, and expanding client relationships.
