Intercontinental Exchange Inc. reported higher-than-expected earnings Thursday as strength in its mortgage technology and data businesses helped deliver the company’s best third-quarter financial performance on record.
The operator of the New York Stock Exchange (NYSE) and parent of ICE Mortgage Technology said it earned $816 million, or $1.42 per diluted share, in the quarter ended Sept. 30. That was up 24% from $657 million, or $1.14 per share, in the third quarter of 2024. Adjusted earnings rose 10% to $1.71 a share.
Gross revenue, minus transaction-based expenses, increased 3% from a year ago to $2.41 billion. Operating income climbed 6% details ⇒
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