Nasdaq: Q2 Earnings Insights

Shares of Nasdaq NDAQ were unchanged after the company reported Q2 results.

Quarterly Results

Earnings per share increased 26.23% over the past year to $1.54, which beat the estimate of $1.44.

Revenue of $699,000,000 higher by 12.20% year over year, which beat the estimate of $681,970,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jul 22, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/3kdn58tz

Technicals

Company's 52-week high was at $131.85

52-week low: $71.66

Price action over last quarter: Up 26.15%

Company Overview

Nasdaq is primarily known for its equity exchange, but in addition to its market services business (around 36% of sales), the company sells and distributes exchange data through its information services segment (31%). Information services offers Nasdaq-branded indexes to asset managers and investors. Nasdaq's corporate services business (20%) offers listing services and related investor relations products to publicly traded companies. Through the company's market technology group (13%), Nasdaq facilitates the exchange operations of other exchanges throughout the world.