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TMX Group Achieves Strong Financial Growth in Q4 2024

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TMX Group Achieves Strong Financial Growth in Q4 2024

TMX Group ( (TSE:X) ) just unveiled an announcement.

TMX Group Limited reported a 30% increase in revenue for the fourth quarter of 2024, reaching $393.3 million, and an 87% rise in diluted earnings per share. The strong performance is attributed to organic growth and strategic acquisitions aimed at expanding its global presence and competitive advantage. The company has also announced a 5% increase in its quarterly dividend, reflecting its commitment to delivering shareholder value.

More about TMX Group

TMX Group Limited operates in the financial services industry, providing a range of services including trading, clearing, and information services. Its market focus is on facilitating capital markets and offering solutions that empower markets and bold ideas globally.

YTD Price Performance: 1.04%

Average Trading Volume: 17,257

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $8.47B

For an in-depth examination of X stock, go to TipRanks’ Stock Analysis page.

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