NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Tuesday reported second-quarter profit of $64.9 million.
The New York-based company said it had profit of $1.72 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.69 per share.
The operator of bond trading platforms posted revenue of $197.7 million in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $198.3 million.
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