Cboe Global Markets, Inc (BATS:CBOE) reported fourth-quarter revenue growth of 5% year-on-year to $524.50 million, missing the analyst consensus estimate of $525.88 million.

An increase in net revenue from cash and spot markets, Data Vantage, and derivatives markets drove the topline growth.

The company reported options net revenue of $324.3 million, up by 3%.

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CEO Fredric Tomczyk noted that while the robust options volumes were a standout for 2024, the results were notable in each category, namely Derivatives Markets, Data Vantage, and Cash and Spot Markets.

Cboe Global Markets stock gained over 12% in the last 12 months. At least five Wall Street firms cut their price targets on the stock, including a rating downgrade by JPMorgan.

Price Action: CBOE stock is down 0.24% at $206.05 at last check Friday.

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