Welcome to our dedicated page for Nasdaq news (Ticker: NDAQ), a resource for investors and traders seeking the latest updates and insights on Nasdaq stock.
Nasdaq Inc (NDAQ) drives innovation in global capital markets through its electronic trading platforms, market data services, and regulatory technology solutions. This dedicated news hub provides investors and professionals with direct access to official corporate announcements and market-moving developments.
Our curated collection simplifies tracking Nasdaq's strategic initiatives across its core business segments. Users will find timely updates on quarterly earnings, technology partnerships, regulatory compliance solutions, and market infrastructure enhancements. Each release maintains the original corporate messaging for accuracy.
Bookmark this page to monitor Nasdaq's evolving role in financial technology ecosystems, from AI-driven analytics to sustainable investing infrastructure. The resource serves as a primary channel for understanding how Nasdaq's innovations impact market transparency and operational efficiency worldwide.
The Board of Directors of Nasdaq has declared a quarterly dividend of $0.22 per share, marking a 10% increase from the previous quarter. This dividend is payable on June 30, 2023, to shareholders who are on record by June 16, 2023. Future declarations of dividends will depend on Board approval. Nasdaq is a global technology company that provides data, analytics, software, and services to capital markets and other industries, reflecting its commitment to client success.
Nasdaq reported a 2% increase in net revenues for Q1 2023, totaling $914 million, driven by a 4% rise in Solutions businesses. Annualized Recurring Revenue (ARR) grew by 7% to $2.035 billion, with SaaS revenues up 11%, now comprising 36% of ARR. Notably, Anti-Financial Crime revenue surged 17%. GAAP diluted EPS increased 7% to $0.61, while non-GAAP EPS rose 5% to $0.69. The company returned $257 million to shareholders through share repurchases and dividends. Nasdaq signed significant clients for its fraud detection solutions, including a Tier 1 global bank. Additionally, it plans to continue cloud migration and has updated its non-GAAP operating expense guidance for 2023 to $1.78-$1.84 billion.
Nasdaq has introduced significant upgrades to its Nasdaq Risk Platform, aimed at enhancing its risk management capabilities for banking and broker-dealer clients. This update includes the addition of fixed income securities such as Government and Corporate Bonds, enhancing the platform's ability to deliver real-time analytics for better liquidity and market risk management.
Over the past year, the number of customers utilizing the Nasdaq Risk Platform has surged by over 50%. The upgrades include improved multi-factor stress testing tools and integration of live streaming analytics via an open-source system called Kafka. These enhancements are designed to help firms navigate heightened market volatility and are part of Nasdaq's ongoing growth strategy within its Marketplace Technology segment.
The Nasdaq Stock Market has announced the delisting of several companies, including Core Scientific, The Very Good Food Company, HyreCar, Reeds, Sorrento Therapeutics, CYREN, Lucira Health, Qutoutiao, and Sio Gene Therapies. The securities of these companies have faced trading suspensions since early 2023, with Core Scientific being suspended since January 3. The delistings will be formalized through the filing of a Form 25 with the SEC, becoming effective 10 days post-filing. Investors are encouraged to review public filings for additional insights regarding the basis for these delistings.
On April 10, 2023, Nasdaq (NDAQ) reported its monthly and quarterly trading volumes as well as estimated revenue capture for March 2023. The data is accessible on its investor relations website. The quarterly report includes the number of listings and index statistics for the period ending March 31, 2023. This update reflects Nasdaq's operational performance in the capital markets sector, emphasizing its ongoing commitment to providing valuable financial services and data solutions. Nasdaq continues to evolve within the financial landscape by leveraging technology to serve its clients effectively. For detailed statistics, stakeholders are encouraged to visit Nasdaq's investor relations page.
