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MarketAxess Q2 Profit Declines, But Results Top Estimates

RTTNews | 488 dni temu

MarketAxess Q2 Profit Declines, But Results Top Estimates

(RTTNews) - Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $59.86 million or $1.59 per share from $66.92 million or $1.78 per share in the prior-year quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $1.57 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter decreased 1.3 percent to $179.85 million from $182.23 million in the same quarter last year. Analysts expected revenues of $179.47 million for the quarter.

The Company's board of directors also declared a quarterly cash dividend to $0.72 per share of common stock outstanding, payable on August 16, 2023 to stockholders of record as of the close of business on August 2, 2023.

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Tagi: MKTX

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MarketAxess Q2 Profit Declines, But Top Estimates

MarketAxess Q2 Profit Declines, But Top Estimates

Electronic trading platform MarketAxess Holdings Inc. (MKTX) reported Thursday that its second-quarter net income declined to $72.62 million or $1.92 per share from $73.63 million or $1.96 per share in the prior-year quarter.

RTTNews | 196 dni temu

MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

MarketAxess Promotes President And COO Chris Concannon To Succeed Richard McVey As CEO

The Board of Directors of electronic trading platform MarketAxess Holdings Inc. (MKTX) announced Monday that, effective April 3, 2023, Chairman and Chief Executive Officer Richard McVey will become Executive Chairman and President and Chief Operating Officer Chris Concannon will be promoted to Chief Executive Officer. Concannon will also continue to serve as a director on the Company's Board.

RTTNews | 680 dni temu

European Stocks Tumble As Russia-Ukraine War Hurts Sentiment

European Stocks Tumble As Russia-Ukraine War Hurts Sentiment

European stocks are reeling under a bout of selling pressure on Tuesday following an escalation in the Russia - Ukraine war, and amid uncertainty about U.S. interest-rate trajectory and the outlook for global economic growth.

RTTNews | 5g 6 minut temu

Ukraine Conflict Drags Down CAC 40

Ukraine Conflict Drags Down CAC 40

Market sentiment remains heavily impacted by the heightened tensions between Ukraine and Russia over the past few days.

RTTNews | 5g 48 minut temu

DAX Slips As War Worries Return

DAX Slips As War Worries Return

An escalation in tensions between Ukraine and Russia dampened sentiment in European markets causing the DAX to slip close to a percent.

RTTNews | 6g 18 minut temu

Sensex, Nifty Snap Losing Streak, Close Modestly Higher

Sensex, Nifty Snap Losing Streak, Close Modestly Higher

Indian stocks closed on a positive note on Tuesday despite giving up a substantial portion of intraday gains. Stocks moved higher thanks to positive global cues, and on bargain hunting after recent losses.

RTTNews | 6g 45 minut temu

Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the European session on Tuesday.

RTTNews | 7g 1 minut temu

Positive Trend In Asian Markets

Positive Trend In Asian Markets

Equity markets in Asia closed on a positive note on Tuesday amidst growing hopes of more stimulus measures and expectations from the rate review by the Peoples Bank of China due on Wednesday.

RTTNews | 7g 25 minut temu

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