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NYSE Euronext Beats Q1 Estimates, Revenue Up 5% YoY
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NYSE Euronext Beats Q1 Estimates, Revenue Up 5% YoY
NYSE Euronext (NYSE:NYX) reported Q1 EPS of $0.68 today, beating the consensus estimate for a profit of $0.60 per share. Revenue for the quarter was up 5% year-over-year to $679 million, higher than the consensus estimate for $661 million.Duncan L. Niederauer, CEO, NYSE Euronext said, "These solid results reflect growing strength and momentum across our businesses and validate our long-term strategy to focus on diversifying and expanding our global footprint as the leading global multi-asset exchange. Our innovative NYSE Liffe U.S. launch of interest rate products is off to a strong start, bolstered by the unique benefits of New York Portfolio Clearing. Our listings franchise continues to expand through transfers from Nasdaq, and we were the global leader in IPOs in the first quarter. Lastly, our technology services pipeline continues to build and will accelerate toward our stated revenue goals for 2011."
Video Length: 0
Date Found: April 28, 2011
Date Produced: April 28, 2011
View Count: 1
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