OTC Markets Group Reports Q3 Revenue Growth and Announces $1.75 Special Dividend
OTC Markets Group (OTCM) reported steady growth for the third quarter, with both gross and net revenues increasing by 7%. The company's leadership noted that all three primary business lines experienced revenue expansion during this period, driven in part by a 17% increase in OTC Link revenue. Despite the top-line growth, the company observed a pullback in MOON trading volumes. To reward shareholders, management has outlined a special dividend of $1.75 per share. The results reflect consistent performance across its diversified business segments despite fluctuations in specific trading volumes.
Tickers: $OTCM
Topics: financial performance quarterly earnings revenue growth