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Nasdaq profits fall, but revenues rise on acquisitions

Nasdaq said its quarterly profit declined, hurt by lower volatility and trading volumes, while acquisitions helped spur an increase in revenue.

Third-quarter profits fell, but revenues rose at Nasdaq
Third-quarter profits fell, but revenues rose at Nasdaq Photo: iStock

Nasdaq said its quarterly profit declined, hurt by lower volatility and trading volumes, while acquisitions helped spur an increase in revenue.

The company's earnings dropped to $131 million, or 77 cents a share, down from $138 million, or 80 cents a share, a year earlier. Excluding restructuring and acquisition-related charges and other items, per-share earnings rose to 91 cents.

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