WASHINGTON (dpa-AFX) - MarketAxess Holdings Inc. (MKTX) reported a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's earnings totaled $71.15 million, or $1.91 per share. This compares with $64.94 million, or $1.72 per share, last year.
Excluding items, MarketAxess Holdings Inc. reported adjusted earnings of $74 million or $2.00 per share for the period.
Analysts on average had expected the company to earn $1.95 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.0% to $219.46 million from $197.66 million last year.
MarketAxess Holdings Inc. earnings at a glance (GAAP) :
-Earnings: $71.15 Mln. vs. $64.94 Mln. last year. -EPS: $1.91 vs. $1.72 last year. -Revenue: $219.46 Mln vs. $197.66 Mln last year.
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