ICE reported record third quarter results with adjusted earnings per share increasing 10% year-over-year to $1.71. Net revenues reached $2.4 billion, driven by robust growth in recurring revenue streams and disciplined cost management.
- Adjusted earnings per share of $1.71, the highest in the company’s history, reflecting strong operational performance.
- Net revenues grew 5% year-over-year, supported by a notable 9% increase in exchange data and a 7% rise in fixed income and data services.
- Returned $674 million to shareholders, including approximately $400 million in share repurchases and reduced debt by $175 million, achieving a gross leverage of 2.9x EBITDA.
- Strong performance in the Exchange segment with net revenues of $1.3 billion and significant growth in open interest across futures and options.
- Anticipated fourth quarter revenue growth in the Fixed Income and Data Services segment remains positive, supported by strategic investments and increasing demand for data technology.
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