From Nasdaq: 2024-04-25 15:00:00

Nasdaq reported strong first quarter 2024 financial results, showcasing solid performance and growth. The Solutions business saw revenue of $871 million, up 35% from the prior year. Index achieved record assets under management, with over $500 billion linked to Nasdaq indices. The Financial Technology division also experienced 10% revenue growth on a pro forma basis.
Verafin, a part of Nasdaq, achieved 24% annual recurring revenue growth in the first quarter and added 28 new SMB clients. Nasdaq also launched the first SEC approved AI-powered order type, Dynamic M-ELO, improving efficiency in equities markets. To learn more about Nasdaq’s quarterly results, visit their investor relations website at ir.nasdaq.com.



Read more at Nasdaq:: Five Takeaways from Nasdaq’s 1Q24 Results