Nasdaq's second-quarter profit more than doubles
Exchange operator Nasdaq Inc`s second-quarter profit more than doubled, helped by a jump in revenue in its market services business that oversees transactions, clearing and settlement services.
Nasdaq`s net income rose to $147 million, or 87 cents per share in the second quarter ended June 30, from $70 million, or 42 cents per share, a year earlier.
Revenue, net of transaction-based expenses, rose 7.7 percent to $602 million, Nasdaq said on Wednesday.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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