Nasdaq Q3 Solutions Businesses Revenues $694M, Up 9%; Trading Services Net Revenues $236M, Down 1%
Portfolio Pulse from Benzinga Newsdesk
Nasdaq's Q3 Solutions Businesses revenues have increased by 9% to $694M, while Trading Services net revenues have decreased by 1% to $236M.
October 18, 2023 | 11:03 am
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NEUTRAL IMPACT
Nasdaq's Q3 earnings report shows a 9% increase in Solutions Businesses revenues to $694M, but a 1% decrease in Trading Services net revenues to $236M.
The increase in Solutions Businesses revenues indicates a positive performance in this segment, which could attract investors. However, the decrease in Trading Services net revenues might be a concern for some investors, potentially offsetting the positive impact. Therefore, the overall short-term impact on Nasdaq's stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100