Cboe Global Markets Reports Results for Second Quarter 2019
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Cboe Global Markets (CBOE) Tops Q2 EPS by 6c; Reaffirms FY19 Financial Guidance
August 2, 2019 7:32 AM EDTCboe Global Markets (NASDAQ: CBOE) reported Q2 EPS of $1.13, $0.06 better than the analyst estimate of $1.07. Revenue for the quarter came in at $283.2 million versus the consensus estimate of $282.97 million.
Second Quarter 2019 Highlights
Diluted EPS of $0.78; Adjusted Diluted EPS¹ of $1.13, Up 8 PercentNet Revenue of $283.2 Million Relatively Flat with 2Q18 Net RevenueOperating Expenses of $158.0 Million, Up 2 Percent; Adjusted Operating Expenses¹ of $103.1 Million, Down 3 PercentEBITDA Margin¹ of 62.3 Percent; Adjusted EBITDA Margin¹ of 68.4 Percent, up 230 bpsRaised Quarterly Dividend by 16 Percent to $0.36 Per Share, Effective For Third Quarter of 2019Reduced... More