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Nasdaq to Hold Teach-In Regarding AxiomSL Revenue Recognition Change

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Nasdaq (NDAQ) has scheduled a teach-in on September 6, 2024, at 8:00 AM Eastern to discuss a change in the accounting treatment of revenues associated with AxiomSL on-premises subscription contracts. This change was previously mentioned during Nasdaq's Q2 earnings announcement, and the financial impacts remain consistent with earlier communications. CFO Sarah Youngwood and IRO Ato Garrett will lead the session, which will include prepared remarks followed by a Q&A with the investment community. The event will be accessible via webcast, with related materials available on Nasdaq's Investor Relations website. Additional materials will be posted on the IR website at approximately 7:00 AM Eastern on the day of the event.

Nasdaq (NDAQ) ha programmato un incontro informativo per il 6 settembre 2024, alle 8:00 ora orientale, per discutere un cambiamento nel trattamento contabile dei ricavi legati ai contratti di abbonamento on-premises di AxiomSL. Questo cambiamento era stato precedentemente menzionato durante l'annuncio sui risultati del secondo trimestre di Nasdaq, e gli impatti finanziari rimangono coerenti con le comunicazioni precedenti. Il CFO Sarah Youngwood e l'IRO Ato Garrett guideranno la sessione, che includerà dichiarazioni preparate seguite da una sessione di domande e risposte con la comunità degli investitori. L'evento sarà accessibile tramite webcast, con materiali correlati disponibili sul sito web delle Relazioni con gli Investitori di Nasdaq. Ulteriori materiali saranno pubblicati sul sito IR intorno alle 7:00 ora orientale il giorno dell'evento.

Nasdaq (NDAQ) ha programado una sesión informativa para el 6 de septiembre de 2024, a las 8:00 AM hora del este, para discutir un cambio en el tratamiento contable de los ingresos asociados con los contratos de suscripción on-premises de AxiomSL. Este cambio se mencionó previamente durante el anuncio de resultados del segundo trimestre de Nasdaq, y los impactos financieros siguen siendo consistentes con comunicaciones anteriores. La CFO Sarah Youngwood y el IRO Ato Garrett dirigirán la sesión, que incluirá comentarios preparados seguidos de una sesión de preguntas y respuestas con la comunidad inversionista. El evento será accesible a través de un webcast, con materiales relacionados disponibles en el sitio web de Relaciones con Inversionistas de Nasdaq. Material adicional se publicará en el sitio IR aproximadamente a las 7:00 AM hora del este el día del evento.

나스닥(NDAQ)은 2024년 9월 6일 오전 8시(동부 표준시)에 AxiomSL의 온프레미스 구독 계약과 관련된 수익의 회계 처리 변경 사항을 논의하기 위한 교육 세션을 예정하고 있습니다. 이 변경 사항은 나스닥의 2분기 수익 발표 중에 언급되었으며, 재정적 영향은 이전 커뮤니케이션과 일관성을 유지하고 있습니다. CFO 사라 영우드IRO 아토 가렛이 이 세션을 이끌 예정이며, 사전 준비된 발언 후 투자자 커뮤니티와의 질의응답 시간이 포함될 것입니다. 이 행사는 웹캐스트를 통해 접속 가능하며, 관련 자료는 나스닥의 투자자 관계 웹사이트에서 확인할 수 있습니다. 추가 자료는 행사 당일 오전 7시(동부 표준시)경에 IR 웹사이트에 게시될 예정입니다.

Nasdaq (NDAQ) a programmé une séance d'information le 6 septembre 2024 à 8h00 heure de l'Est pour discuter d'un changement dans le traitement comptable des revenus associés aux contrats d'abonnement sur site d'AxiomSL. Ce changement avait déjà été mentionné lors de l'annonce des résultats du deuxième trimestre de Nasdaq, et les impacts financiers restent cohérents avec les communications antérieures. La CFO Sarah Youngwood et l'IRO Ato Garrett dirigeront la session, qui comprendra des remarques préparées suivies d'une séance de questions-réponses avec la communauté des investisseurs. L'événement sera accessible par webcast, avec des documents associés disponibles sur le site de Relations avec les Investisseurs de Nasdaq. Des documents supplémentaires seront publiés sur le site IR vers 7h00 heure de l'Est le jour de l'événement.

Nasdaq (NDAQ) hat für den 6. September 2024 um 8:00 Uhr Eastern Time eine Informationsveranstaltung angesetzt, um eine Änderung der Rechnungslegungsbehandlung von Einnahmen im Zusammenhang mit AxiomSL-On-Premises-Abonnementverträgen zu besprechen. Diese Änderung wurde bereits während der Bekanntgabe der Q2-Ergebnisse von Nasdaq erwähnt, und die finanziellen Auswirkungen bleiben konsistent mit früheren Mitteilungen. CFO Sarah Youngwood und IRO Ato Garrett werden die Sitzung leiten, die vorbereitete Anmerkungen sowie eine Frage-und-Antwort-Runde mit der Investment-Community umfasst. Die Veranstaltung wird über ein Webcast zugänglich sein, und relevante Materialien werden auf der Website für Investor Relations von Nasdaq verfügbar sein. Zusätzliche Materialien werden am Tag der Veranstaltung gegen 7:00 Uhr Eastern Time auf der IR-Website veröffentlicht.

Positive
  • Transparency in communicating accounting changes to investors
  • Consistency in financial impacts as previously communicated
Negative
  • None.

NEW YORK, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled a teach-in to discuss a change to the accounting treatment of the revenues associated with AxiomSL on-premises subscription contracts. This change was previously referenced during Nasdaq’s second quarter earnings announcement and the financial impacts of the change are consistent with what was communicated at that time.

WHO: Nasdaq’s CFO, Sarah Youngwood, and Nasdaq’s IRO, Ato Garrett
  
WHAT:Teach-in on AxiomSL on-premises subscription revenue recognition accounting change
  
WHEN: Friday, September 6, 2024
 8:00 AM Eastern
  

Nasdaq’s CFO and Investor Relations team will be available for questions from the investment community following prepared remarks.

All participants can access the conference via webcast and related materials through the Nasdaq Investor Relations website at: http://ir.nasdaq.com/.

Note: The press release and additional materials for this announcement will be posted on the Nasdaq Investor Relations website at http://ir.nasdaq.com/ on Friday, September 6, 2024, at approximately 7:00 AM Eastern.

About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.

Nasdaq Media Relations Contact
Nick Jannuzzi
+1 973.760.1741
Nicholas.Jannuzzi@Nasdaq.com

Nasdaq Investor Relations Contact
Ato Garrett
+1 212.401.8737
Ato.Garrett@nasdaq.com

-NDAQF-


FAQ

When is Nasdaq (NDAQ) holding the teach-in for the AxiomSL revenue recognition change?

Nasdaq (NDAQ) is holding the teach-in on Friday, September 6, 2024, at 8:00 AM Eastern.

Who will be leading Nasdaq's (NDAQ) teach-in on the AxiomSL accounting change?

Nasdaq's CFO Sarah Youngwood and IRO Ato Garrett will be leading the teach-in.

How can investors access Nasdaq's (NDAQ) teach-in on the AxiomSL revenue recognition change?

Investors can access the teach-in via webcast through Nasdaq's Investor Relations website at http://ir.nasdaq.com/.

What is the purpose of Nasdaq's (NDAQ) teach-in on September 6, 2024?

The purpose is to discuss a change in the accounting treatment of revenues associated with AxiomSL on-premises subscription contracts.

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