TMX Group sees revenue, earnings rise in fourth quarter of 2022, full year

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 92%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

TMX Group reports revenue for the fourth quarter was $274.1 million, up nine per cent from $252.4 million a year earlier

says its revenue and earnings rose in the fourth quarter of 2022 compared to the same period last year, and announced an increase to its dividend of five per cent to 87 cents per common share.

The company, which operates the Toronto Stock Exchange, says its net income attributable to shareholders for the quarter ended Dec. 31 was $102.2 million, up 16 per cent from $87.9 million during the same quarter last year.Revenue for the quarter was $274.1 million, up nine per cent from $252.4 million a year earlier, with the increase in revenue including $27.7 million related to the company’s acquisition of voting control of BOX Options Market LLC.

The company says revenue for 2022 was $1.12 billion, up 14 per cent from $980.7 million in 2021, while earnings for the year were $542.7 million, up 60 per cent from $338.5 million in 2021. The company attributed much of the bump in earnings in 2022 to its acquisition of voting control of BOX, as well as lower tax expenses.Your Globe

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Trends That Shaped Ontario's Real Estate Market From 2020 to 2022A new report offers fresh insight into the trends and behaviours in Ontario's real estate market pre-March 2020 through December 2022. It's a bumpy ride. teranet_social | realestate realestatenews Ontario realestatemarket
Source: storeyspub - 🏆 16. / 74 Read more »