Published on 3 May 2024 on GuruFocus.com via Yahoo Finance
Revenue: Reported at $502.1 million, up 7% year-over-year, falling short of the estimated $504.80 million.Net Income: Reached $208.3 million, a 21% increase from the previous year, below the estimate of $216.72 million.Earnings Per Share (EPS): Achieved $1.96, up 20% year-over-year, below the estimated $2.04.Operating Income: Grew to $282.4 million, marking a 14% increase year-over-year.Operating Margin: Improved to 56.2%, up from 52.6% in the previous year.EBITDA: Increased to $337.1 million, up 11% year-over-year, with an EBITDA margin of 67.1%.Dividends and Share Repurchases: Paid dividends of $58.5 million and repurchased shares worth $89.3 million during the quarter.
Cboe Global Markets Inc (CBOE) released its 8-K filing on May 3, 2024, disclosing its financial results for the first quarter of 2024. The company reported a robust start to the year, achieving record net revenues and strong adjusted earnings, driven by significant growth in its Derivatives and Data and Access Solutions segments.
Cboe Global Markets Inc (CBOE) Q1 2024 Earnings: Strong Start with Record Revenues and Adjusted Earnings