📊💹🚀 Nasdaq Q1 Profit Jumps 24% on Strong Product Demand
🔹 Summary:
Nasdaq posted a 24% rise in adjusted Q1 profit, driven by continued demand for its exchange services and financial products, underscoring its resilience in a volatile market environment.
Earnings came in at $456M, or $0.79 per share, beating last year's $367M, or $0.63 per share.
🔹 Key Points:
• Q1 net profit rose 24% year-over-year to $456M on a robust product lineup.
• Adjusted EPS reached $0.79, up from $0.63 in the same quarter last year.
• The exchange continues to benefit from elevated trading volumes and strong institutional demand.
• Nasdaq's diversified revenue streams include market services, data analytics, and regulatory technologies.
• The results reflect continued confidence in U.S. capital markets amid global economic uncertainty.
@CMEActiveTrader Tickers Of Interest: $NQ $ZN
Tickers Of Interest: $NDAQ $SPY $QQQ $XLF $VIX $USD
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