News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

News

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.

WSJ Logo