Cboe Global Markets Reports Strong Q2 Earnings and Revenue Growth
Cboe Global Markets (BATS) reported second-quarter results that exceeded expectations on both earnings per share (EPS) and revenue. The company's Non-GAAP EPS came in at $3.56, surpassing estimates by $0.07. Additionally, the firm posted a record net revenue of $731.6 million for the quarter, reflecting a 24.6% year-over-year increase and beating forecasts by approximately $10.76 million. The strong performance highlights Cboe's continued growth in market activity and its ability to generate higher revenues amid favorable trading conditions. The company also reported diluted EPS of $3.35, which marked a 50% rise compared to the same period last year.
Tickers: $CBOE
Topics: eps_beat financial_results revenue_growth