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. (symbol: NDAQ) is a global technology company and a leading provider of capital market services, established in 1971. Initially known for its equity exchange, Nasdaq has evolved into a diversified technology provider that delivers solutions across multiple segments, including market services, information services, and corporate services.
Market Services: This segment represents approximately 35% of Nasdaq's revenue and includes trading, clearing, and market technology services. Nasdaq operates one of the world's largest electronic stock exchanges, facilitating efficient and reliable trading.
Information Services: Contributing about 30% of the company's sales, this segment offers market data, analytics, and Nasdaq-branded indexes to asset managers and investors, providing essential tools for informed decision-making.
Corporate Services: Accounting for 20% of revenue, Nasdaq's corporate services include listing services and investor relations products that support publicly traded companies in meeting their regulatory requirements and enhancing investor engagement.
Market Technology: Representing 15% of the firm's revenue, this segment delivers technology solutions that enable the operation of other exchanges around the world, as well as financial compliance services.
Recent Achievements: Nasdaq continues to be at the forefront of technological advancements, incorporating AI capabilities to support capital markets, thereby enhancing liquidity, transparency, and integrity in the financial ecosystem. The company is also involved in strategic partnerships, such as its recent collaboration with FIA Tech to improve data sharing and reduce systemic inefficiency in the global post-trade network.
With a strong commitment to innovation, Nasdaq has successfully transitioned from a U.S.-based equities exchange to a global leader in technology and information services. The company's diverse product offerings and client-centric approach enable businesses to optimize their operations and achieve their business goals with confidence.
Financial Overview: Nasdaq's financial performance has been robust, with consistent revenue growth driven by its diversified business model. The company's strategic investments and focus on scalability and efficiency have positioned it well for sustained growth and profitability.
For the latest updates, financial results, and developments, visit the Nasdaq Investor Relations website at http://ir.nasdaq.com.
The Board of Directors of Nasdaq (NDAQ) has declared a quarterly dividend of $0.54 per share on outstanding common stock. This dividend is scheduled for payment on December 17, 2021, to shareholders recorded as of the close of business on December 3, 2021. Future dividends will be subject to board approval. Nasdaq operates as a global technology company, providing data, analytics, software, and services to optimize client operations.
Nasdaq reported Q3 2021 net revenues of $838 million, a 17% increase from Q3 2020. Solutions segments revenues rose 19% to $541 million, supporting a 19% increase in Annualized Recurring Revenue (ARR) to $1.83 billion. GAAP diluted earnings per share rose 7% to $1.69, while non-GAAP EPS increased 16% to $1.78. The company returned $1,145 million to investors through buybacks and dividends. Nasdaq led U.S. IPOs with a 75% win rate, raising $29 billion from 147 IPOs. Expenses rose 24%, primarily from compensation and strategic initiatives.
On October 11, 2021, Nasdaq (NDAQ) released its monthly and quarterly volume statistics for September 2021. The report highlights key metrics including trading volumes, revenue capture, listings, and index statistics for the quarter ending September 30, 2021. Detailed data sheets with these statistics are accessible on Nasdaq's investor relations website. The press release also includes a cautionary note regarding forward-looking statements, emphasizing the inherent risks and uncertainties in predicting future performance, given various external economic and market factors.
Nasdaq, Inc. (NDAQ) has appointed Toni Townes-Whitley to its Board of Directors, expanding the board to 11 members. Previously, Townes-Whitley served as President of U.S. Regulated Industries at Microsoft, overseeing a $16 billion portfolio. This strategic move aims to enhance Nasdaq's technology and data analytics capabilities. Townes-Whitley will contribute her extensive industry experience, particularly in digital transformation, serving on the Audit & Risk Committee. Her background also includes leadership roles at CGI Federal and Unisys Corporation.
The Nasdaq Stock Market announced the delisting of two companies: Abraxas Petroleum Corporation and Sequential Brands Group, Inc. Abraxas was suspended from trading on August 4, 2021, while Sequential was suspended on September 9, 2021. Nasdaq will file a Form 25 with the SEC to finalize these delistings, which will take effect ten days post-filing. Investors can find more details regarding the delistings in the companies' public filings or by contacting the companies directly.
Nasdaq (NDAQ) will announce its Third Quarter 2021 financial results on October 20, 2021, at 8:00 AM Eastern. The announcement will be led by the CEO, CFO, and senior management. An audio replay will be available post-conference on the Nasdaq Investor Relations website. The press release will be accessible on the same site at 7:00 AM Eastern on the announcement date. Nasdaq is a global technology company providing a range of data, analytics, and technology solutions to the capital markets.
Nasdaq (NDAQ) partners with Sporttrade, a fintech sports betting company, to implement advanced market surveillance technology.
This collaboration aims to create a fair and transparent marketplace for sports betting. Sporttrade will utilize Nasdaq's technology for monitoring trading activities, enhancing user safety by detecting irregularities.
Sporttrade plans to launch its trading app in Q4 2021 in New Jersey, expanding to more states in 2022, promoting responsible gaming through informative tools.