Tight Expense Discipline Boosts Nasdaq's Third-Quarter Earnings
Nasdaq Inc. (NASDAQ: NDAQ) was able to supplement decent top-line growth with firm control of its overhead expenses in the third quarter, as its earnings filing on Wednesday revealed. The result? Some pretty impressive bottom-line numbers:
DATA SOURCE: NASDAQ Inc.
Net revenue increased by $22 million versus the prior year quarter, or roughly 4%, of which three percentage points were due to organic growth, and one percentage point derived from favorable foreign currency exchange rates.
Source: Fool.com
Nasdaq OMX Group Inc. Stock
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As a result the target price of 69 € shows a slightly positive potential of 9.98% compared to the current price of 62.74 € for Nasdaq OMX Group Inc..