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Nasdaq OMX profit jumps on one-time boost

  NEW YORK: Nasdaq OMX Group Inc said on Wednesday its quarterly profit more than tripled as a one-time tax boost and
Published February 2, 2011

 

NEW YORK: Nasdaq OMX Group Inc said on Wednesday its quarterly profit more than tripled as a one-time tax boost and a growing US options market share helped the trans-Atlantic exchange operator.

The company earned $139 million, or 69 cents per share, in the fourth quarter, up from $43 million, or 20 cents, a year ago. Revenue rose 8 percent to $400 million.

Copyright Reuters, 2011

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