MarketAxess: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Wednesday reported third-quarter earnings of $71.5 million.

On a per-share basis, the New York-based company said it had net income of $1.90.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.

The operator of bond trading platforms posted revenue of $206.7 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $205.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MKTX at https://www.zacks.com/ap/MKTX

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up