From Nasdaq: 2025-02-04 16:00:00

Nasdaq reported strong financial and operational performance in Q4 and full year 2024. The Financial Technology division saw significant growth, signing 263 new clients and achieving 424 upsells and 11 cross-sells. Nasdaq led in IPOs for the sixth consecutive year, with 180 IPOs raising $23 billion in 2024, including the largest IPO of the year, Lineage.

Nasdaq introduced three strategic priorities following its 2024 Investor Day: Integrate, Innovate, and Accelerate. The company exceeded debt reduction and cost synergy goals related to recent acquisitions, expanded efficiency programs, and drove innovation with new AI-powered solutions. Nasdaq aims to exceed $100 million in cross-sell revenue by 2027.

Looking ahead to 2025, Nasdaq expects to see increased IPO activity in the second quarter, with a strong pipeline of companies. The Index franchise anticipates above-medium-term growth, and the Financial Technology division is set to grow within the 10-14% outlook. Nasdaq remains well-positioned for growth amidst global financial institutions’ demand for solutions.



Read more at Nasdaq:: Nasdaq Fourth Quarter and Full Year Earnings Recap: Strong 2024 Financial and Operational Performance Positions the Company for 2025 Growth