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Exchange giant Cboe falls short on profits and revenues

Despite launching bitcoin derivatives products, the Chicago-based exchange group missed consensus earnings projections

Exchange giant Cboe falls short on profits and revenues

Shares of CBOE  tumbled 5.5% in pre-market trade Friday, after the futures and trading exchange company reported fourth-quarter profit and revenue that missed expectations, MarketWatch reports.

Net income rose to $254.6m, or $2.26 a share, from $44.7m, or 55 cents a share, in the same period a year ago.

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