Nasdaq, Inc (NASDAQ:NDAQ) stock gained on Thursday after it reported fourth-quarter results.
The quarterly revenue rose 13% year-over-year to $1.39 billion, beating the analyst consensus estimate of $1.37 billion.
The financial services company reported adjusted EPS of 96 cents, which beat the analyst consensus estimate of 91 cents.
Nasdaq’s Annualized Recurring Revenue (ARR) increased 10% year-over-year to $3.1 billion.
Segmental Performance
- Solutions revenues were $1.1 billion, up by 13% Y/Y, reflecting strong growth from Index and Financial Technology.
- Market Services’ net revenues were $311 million, up 16% Y/Y.
- Financial Technology revenues grew by 14% Y/Y …