London Stock Exchange Q1 Revenue Rises 10%
The London Stock Exchange Group PLC (OTC: LDNXF) posted a 10% surge in its first-quarter revenue.
Its quarterly total revenue gained to GBP179 million, from GBP162.4 million, in the year-ago period. However, analysts were expecting revenue of GBP180.9 million.
Its total income surged 10% to GBP209.5 million from GBP190.2 million. LSE's revenue from information-services jumped 68% to GBP75.3 million versus GBP44.7 million, while revenue from capital markets declined 15% to GBP67.5 million versus GBP79.7 million.
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