UPDATE: NYSE Euronext Reports Decline In Q1 Profit, Declares Dividend
NYSE Euronext (NYSE: NYX) reported a drop in its profits in the first quarter.
NYSE Euronext's quarterly profit dropped 32% to $121 million. Its revenue declined 17% to $952 million in the quarter.
NYSE Euronext also declared a cash dividend of $0.30 per share for the second quarter.
Its net revenue from the exchange's derivatives unit declined 25% y/y to $176 million. However, revenue related to information services and technological solutions rose 4% y/y to $121 million.
NYSE Euronext shares gained 0.11% to close at $27.07 on Friday.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.