Published in
M2 EquityBites
on Friday, 09 May 2008 at
17:22 GMT
Copyright (C) 2008, M2 Communications Ltd.
The NASDAQ OMX Group (NasdaqGS:NDAQ), which provides securities listing, trading and information products and services, announced on 8 May the financial first quarter results ended 31 March 2008, in accordance with GAAP.
The company's revenues for the first quarter were USD813.8m, up when compared to USD562m for the same quarter of 2007. The net income was USD121.4m (USD0.69 per diluted share), improved as against the net income of USD18.3m (USD0.14 per diluted share) in the first quarter a year ago. The revenues in the fourth quarter ended 31 December 2007 were USD664.5m and the net income was USD79m (USD0.52 per diluted share).
The financial results include that of The Nasdaq Stock Market Inc for the full quarter and the financial results of OMXAB from 27 February 2008, when the business combination between the two exchanges closed. The comparative results for 2007 reflect the financial results of NASDAQ only.
