Intercontinental Change (NYSE:ICE), a number one international supplier of knowledge, expertise and market infrastructure, right now reported monetary outcomes for the third quarter of 2023.
For the quarter ended September 30, 2023, consolidated internet earnings attributable to ICE was $541 million on $2.0 billion of consolidated revenues, much less transaction-based bills.
The online revenues of $2 billion have been 11% greater than within the corresponding interval a yr earlier. In addition they set a report excessive.
The outcome included trade internet revenues of $1.1 billion, fastened earnings and information companies revenues of $559 million and mortgage expertise revenues of $330 million.
Third quarter GAAP diluted earnings per share was $0.96. Adjusted internet earnings attributable to ICE was $824 million within the third quarter and adjusted diluted EPS was $1.46.
Warren Gardiner, ICE Chief Monetary Officer, commented:
“Within the third quarter, we as soon as once more generated income and earnings per share progress, pushed by a continuation of sturdy buying and selling outcomes throughout our commodity complicated and compounding progress in our recurring revenues. Our robust outcomes are a testomony to the ability of our various enterprise mannequin and, as we strategy the top of 2023, we’re centered on extending our monitor report of progress and creating worth for our stockholders.”