MarketAxess Holdings Q4 Earnings Fall, Revenue Rises; Quarterly Dividend Raised

MT Newswires Live

02-06

MarketAxess Holdings (MKTX) reported Q4 earnings Thursday of $1.73 per diluted share, down from $1.84 per share a year earlier.

Analysts polled by FactSet expected $1.68.

Revenue for the quarter ended Dec. 31 was $202.4 million, up from $197.2 million a year earlier.

Analysts surveyed by FactSet expected $202.6 million.

The Board increased its quarterly cash dividend to $0.76 per share from $0.74, payable on March 5, to stockholders of record as of the close of business on February 19.

Shares of the company were up more than 2% in recent Thursday premarket activity.

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