NEW YORK (AP) — NEW YORK (AP) — MarketAxess Holdings Inc. (MKTX) on Thursday reported second-quarter earnings of $68.1 million.
The company, based in New York, said it had earnings of $1.93 per share. Earnings, adjusted for non-recurring costs, came to $1.95 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The operator of bond trading platforms posted revenue of $218.4 million in the period. Its revenue net of interest expense was $218.4 million, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $217.3 million.
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