MarketAxess Holdings (MKTX) Tops Q2 EPS by 8c, Revenues Beat

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Go back to MarketAxess Holdings (MKTX) Tops Q2 EPS by 8c, Revenues Beat

MarketAxess Reports Second Quarter 2020 Record Revenues of $184.8 Million, Record Operating Income of $104.1 Million and Record Diluted EPS of $2.20

July 22, 2020 6:31 AM EDT

Second Quarter Financial Highlights*

Record revenues of $184.8 million, up 47%Record operating income of $104.1 million, up 71%Record operating margin of 56.4%, up from 48.5%Record diluted EPS of $2.20, up 73% from $1.27Record estimated U.S. high-grade and high-yield market share of 21.5% and 14.0%, respectivelyRecord credit trading volume of $741.8 billion, up 44%Record Open TradingTM volume of $243.8 billion, up 87%... More