icon
0%

Nasdaq NDAQ - News Analyzed: 3,881 - Last Week: 100 - Last Month: 499

⇑ Impressive Q3 Quarterly Earnings Propel Nasdaq NDAQ to New Heights

Impressive Q3 Quarterly Earnings Propel Nasdaq NDAQ to New Heights

The latest reports on Nasdaq (NDAQ) encompass various focal points, including their Q3 2024 earnings call which spotlighted substantial revenue growth and strategic integrations. Amid this, the company's shares were acquired by GHP Investment Advisors and its quarterly dividend was set at $0.24, yielding 1.3%.

Insights into Nasdaq's Q3 earnings match with Wall Street estimates, despite a slight dip in revenue. A 31% surge in recurring revenue was noted, with solutions generating $872M. This surpassing of the estimated earnings led to a $0.24 dividend announcement, which, in return, resulted in a 52-week high. Additionally, the strengthening of the technology partnership with IDX was announced and the company's target price was raised by Morgan Stanley.

Furthermore, Nasdaq reported strong Y/Y revenue growth and resumed trading in Nebius Group N.V. Other noted activities included the renewed preparations for Q3 earnings and progress in 2024 strategic priorities. This was further backed by fintech sales jumping, driving profits and leading to shares soaring. The stock has shown an impressive rally of 42.5% in a year and is expected to rise further. Nasdaq has launched PureStream in Europe and also announced a secondary offering of its common stock.

Nasdaq NDAQ News Analytics from Sat, 27 Jan 2024 08:00:00 GMT to Sat, 26 Oct 2024 17:08:58 GMT - Rating 8 - Innovation 4 - Information 7 - Rumor 1

The email address you have entered is invalid.