UPDATE: NASDAQ OMX Group (NDAQ) Tops Q4 EPS by 1c
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Nasdaq Reports Record Fourth Quarter 2014 Non-GAAP: Operating Income, Net Income and Diluted EPS
January 29, 2015 7:01 AM ESTGenerated quarterly record fourth quarter 2014 non-GAAP diluted EPS of $0.75, a 9% increase year-over-year. Fourth quarter 2014 GAAP diluted EPS was $0.50. Fourth quarter 2014 net revenues1 were $517 million, down 1% year-over-year. On an organic basis, excluding the impact of foreign exchange rates, fourth quarter net revenues rose 3%. Non-GAAP operating expenses were $296 million in the fourth quarter of 2014, down 5% year-over-year. On an organic basis, excluding the impact of foreign exchange rates, non-GAAP operating expenses fell 2%. Non-GAAP operating margin was 43% in the fourth quarter, up from 40% in the prior year period. The company repurchased $58 million of stock in the fourth quarter of... More

