Tradeweb Markets Q3 Profit Rises to $197.46 Million as Revenue Jumps 14.9%

Tradeweb Markets Inc. (TW) reported a higher third-quarter profit, with net income rising to $197.46 million, or $0.94 per share, from $185.64 million, or $0.86 per share, a year earlier. Excluding items, the electronic trading platform posted adjusted earnings of $238.84 million, or $1.02 per share, for the period. Revenue increased 14.9% to $584.55 million from $508.60 million last year.