Intercontinental Exchange Posts Higher Q3 Profit, Revenue Up 20.7% to $3.63 Billion
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Intercontinental Exchange Inc. (ICE) reported a rise in third-quarter earnings, with net income totaling $940 million, or $1.67 per share, compared with $816 million, or $1.42 per share, a year earlier. Excluding items, the exchange operator posted adjusted earnings of $1.136 billion, or $2.02 per share, for the period. Revenue rose 20.7% to $3.630 billion from $3.007 billion in the prior-year quarter, according to the company's GAAP results.
ByTicklex Editorial