Nasdaq Revenue Rises 14% as Financial Technology Business Expands
By PYMNTS
AI summary of the source article
Nasdaq reported higher third-quarter revenue and earnings, with organic net revenue rising 14% to $1.5 billion for the quarter ended Sept. 30. The performance was supported by growth in its financial technology and capital markets divisions.
Key facts
- Nasdaq net revenue rose 14% on an organic basis to $1.5 billion for the quarter ended Sept. 30.
- Growth was supported by its financial technology and capital markets businesses.
- Nasdaq continues to invest in technology and market infrastructure.
Source excerpt · PYMNTS
Nasdaq reported higher third-quarter revenue and earnings Thursday (Oct. 22), supported by growth in its financial technology and capital markets businesses as the exchange operator continues investing in technology and market infrastructure. Net revenue rose 14% on an organic basis to $1.5 billion in the quarter ended Sept. 30, Nasdaq said in a press release. […] The post Nasdaq Revenue Rises 14%…