Nasdaq,
Inc. has reported spectacular monetary outcomes for each the fourth quarter of
2023 and the complete 12 months, demonstrating robust development and resilience within the
face of market challenges.
In
2023, Nasdaq’s web revenues surged to $3.9 billion, marking a considerable enhance of 9%
over the earlier 12 months, with natural development reaching 5%. Notably, the
fourth quarter of 2023 witnessed a exceptional soar of 23% in web revenues in contrast
to the identical interval in 2022, totaling $1.1 billion.
Key
drivers of Nasdaq’s income development included a strong efficiency in its
Options phase, which noticed revenues enhance 13% yearly, with natural
development hitting 7%. The fourth quarter had an much more spectacular surge in
options revenues, hovering 32%, with natural development at 9%.
Adena
Friedman, the Chair and CEO, stated: “We delivered one other robust 12 months of working
efficiency in a dynamic financial and capital markets backdrop. We executed
properly throughout our enterprise in 2023, sustaining our listings management within the
U.S., attaining a breakthrough 12 months for Verafin in our technique to maneuver
upmarket, and introducing new improvements throughout our services.”
“We
efficiently accomplished our acquisition of Adenza, bolstering our suite of
mission-critical expertise options, and accelerating our strategic imaginative and prescient of
being the trusted material of the world’s monetary system.”
At this time, @Nasdaq reviews fourth quarter and full 12 months 2023 monetary outcomes.
Study extra: https://t.co/Ind099EHmJ pic.twitter.com/KUvYuZZ9OR
— Nasdaq (@Nasdaq) January 31, 2024
Annualized
SaaS Revenues Climb 26% to Bolster ARR
Nasdaq’s
Annualized Recurring Income (ARR) skilled a notable uptick, reaching $2.6
billion, signifying a exceptional enhance of 29% in comparison with the fourth quarter of
2022, with natural development standing at 6%. Annualized SaaS revenues additionally noticed
substantial development, climbing 26%, or 12% organically, representing a
significant slice of Nasdaq‘s
ARR.
Sarah
Youngwood, the Govt Vice President and CFO, stated: “I’m excited to hitch Nasdaq
at such a transformational time for the agency. Regardless of an unsure atmosphere,
we delivered strong monetary efficiency and powerful money movement technology. With
our acquisition of Adenza now closed, we’re centered on attaining our
deal-related monetary targets together with our cross-sell and synergy targets as
properly as debt paydown.”
Nasdaq,
Inc. has reported spectacular monetary outcomes for each the fourth quarter of
2023 and the complete 12 months, demonstrating robust development and resilience within the
face of market challenges.
In
2023, Nasdaq’s web revenues surged to $3.9 billion, marking a considerable enhance of 9%
over the earlier 12 months, with natural development reaching 5%. Notably, the
fourth quarter of 2023 witnessed a exceptional soar of 23% in web revenues in contrast
to the identical interval in 2022, totaling $1.1 billion.
Key
drivers of Nasdaq’s income development included a strong efficiency in its
Options phase, which noticed revenues enhance 13% yearly, with natural
development hitting 7%. The fourth quarter had an much more spectacular surge in
options revenues, hovering 32%, with natural development at 9%.
Adena
Friedman, the Chair and CEO, stated: “We delivered one other robust 12 months of working
efficiency in a dynamic financial and capital markets backdrop. We executed
properly throughout our enterprise in 2023, sustaining our listings management within the
U.S., attaining a breakthrough 12 months for Verafin in our technique to maneuver
upmarket, and introducing new improvements throughout our services.”
“We
efficiently accomplished our acquisition of Adenza, bolstering our suite of
mission-critical expertise options, and accelerating our strategic imaginative and prescient of
being the trusted material of the world’s monetary system.”
At this time, @Nasdaq reviews fourth quarter and full 12 months 2023 monetary outcomes.
Study extra: https://t.co/Ind099EHmJ pic.twitter.com/KUvYuZZ9OR
— Nasdaq (@Nasdaq) January 31, 2024
Annualized
SaaS Revenues Climb 26% to Bolster ARR
Nasdaq’s
Annualized Recurring Income (ARR) skilled a notable uptick, reaching $2.6
billion, signifying a exceptional enhance of 29% in comparison with the fourth quarter of
2022, with natural development standing at 6%. Annualized SaaS revenues additionally noticed
substantial development, climbing 26%, or 12% organically, representing a
significant slice of Nasdaq‘s
ARR.
Sarah
Youngwood, the Govt Vice President and CFO, stated: “I’m excited to hitch Nasdaq
at such a transformational time for the agency. Regardless of an unsure atmosphere,
we delivered strong monetary efficiency and powerful money movement technology. With
our acquisition of Adenza now closed, we’re centered on attaining our
deal-related monetary targets together with our cross-sell and synergy targets as
properly as debt paydown.”
