Shares of Nasdaq (NASDAQ:NDAQ) rose 1.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 23.38% year over year to $1.90, which beat the estimate of $1.70.
Revenue of $846,000,000 up by 21.03% year over year, which beat the estimate of $810,540,000.
Looking Ahead
Earnings guidance hasn’t been issued by the company for now.
Nasdaq hasn’t issued any revenue guidance for the time being.
Conference Call Details
Date: Jul 21, 2021
Time: 08:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/5d3qt7g7
Price Action
Company’s 52-week high was at $182.72
Company’s 52-week low was at $118.01
Price action over last quarter: Up 14.58%
Company Description
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq’s corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company’s market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
