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MarketAxess Reports Q3 Earnings: Lower Income, Record Volume

MarketAxess Reports Q3 Earnings: Lower Income, Record Volume
MarketAxess Holdings Inc., an electronic trading platform for fixed-income securities, has released its financial results for the third quarter of 2023. The report shows a stable revenue of $172.3 million, identical to the previous year. However, a 10% increase in total expenses, primarily due to strategic investments, led to a lower operating income of $66.9 million.MarketAxess Reports Higher Revenue but Lower Net IncomeThe company's total revenue for the quarter remained unchanged at $172.3 mi... Read More
Posted: Oct 25 2023, 11:18
Author Name: financemagnates
Views: 042235

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