Nasdaq Reports 6% Jump in Q3 2022 Revenue


Nasdaq, Inc. (Nasdaq: NDAQ), a major US stock exchange operator, published its financials for the third quarter of 2022, reporting a six percent jump in net revenues compared to the same period a year earlier. The company generated $890 million in revenue for the period.

The company divides its business into two primary sectors. The first, solution segment, brought in revenues of $584 million (up 8% YoY). The second one, market services, earned $305 million (+4% YoY). The company’s total net revenues increased 6% YoY.

“Nasdaq’s strong third-quarter results, and in particular the sustained organic growth against a turbulent capital markets backdrop, are a testament to the effective competitive position of the company today. The new corporate structure announced last month is designed to further advance our strategy, enhance our client focus and better position the organization to capture the dynamic opportunities inherent in our growth pillars,” Adena Friedman, the President and CEO, said.

Stronger Results in Q3 2022

A report published by Nasdaq shows that most major financial indicators posted growth in the third quarter of 2022. Annualized Recurring Revenue (ARR) rose 8% to $1,970 million, while Annualized SaaS revenues gained 13% (accounting for 35% of ARR).

“Our third quarter results reflect the carefully calibrated investments in our largest growth opportunities. With our deep client relationships and our resilient business model, we expect to continue to respond effectively to a wide range of operating environments. We have also positioned the balance sheet to minimize the impact of rising rates and to maintain flexibility to support our growth strategy,” Ann Dennison, the Executive Vice President and CFO, commented.

On net revenues, which amounted to $890 million, $77 million (9%) mirrored organic growth, which included a positive impact from all segments. Along with rising revenues, the GAAP diluted earnings per share (EPS) equally increased, reaching $0.59 (+5%). However, it’s worth noting that when Nasdaq reported its Q3 2021 results, the ratio was significantly higher at $1.69.

The exchange operator recently announced that it was joining the cryptocurrency space. It has launched a digital asset services business, which will initially offer custody solutions. The platform, dubbed Nasdaq Digital Assets, is expected to support the digital asset industry, but the company has no plans to launch a direct trading service in the near future.

Nasdaq, Inc. (Nasdaq: NDAQ), a major US stock exchange operator, published its financials for the third quarter of 2022, reporting a six percent jump in net revenues compared to the same period a year earlier. The company generated $890 million in revenue for the period.

The company divides its business into two primary sectors. The first, solution segment, brought in revenues of $584 million (up 8% YoY). The second one, market services, earned $305 million (+4% YoY). The company’s total net revenues increased 6% YoY.

“Nasdaq’s strong third-quarter results, and in particular the sustained organic growth against a turbulent capital markets backdrop, are a testament to the effective competitive position of the company today. The new corporate structure announced last month is designed to further advance our strategy, enhance our client focus and better position the organization to capture the dynamic opportunities inherent in our growth pillars,” Adena Friedman, the President and CEO, said.

Stronger Results in Q3 2022

A report published by Nasdaq shows that most major financial indicators posted growth in the third quarter of 2022. Annualized Recurring Revenue (ARR) rose 8% to $1,970 million, while Annualized SaaS revenues gained 13% (accounting for 35% of ARR).

“Our third quarter results reflect the carefully calibrated investments in our largest growth opportunities. With our deep client relationships and our resilient business model, we expect to continue to respond effectively to a wide range of operating environments. We have also positioned the balance sheet to minimize the impact of rising rates and to maintain flexibility to support our growth strategy,” Ann Dennison, the Executive Vice President and CFO, commented.

On net revenues, which amounted to $890 million, $77 million (9%) mirrored organic growth, which included a positive impact from all segments. Along with rising revenues, the GAAP diluted earnings per share (EPS) equally increased, reaching $0.59 (+5%). However, it’s worth noting that when Nasdaq reported its Q3 2021 results, the ratio was significantly higher at $1.69.

The exchange operator recently announced that it was joining the cryptocurrency space. It has launched a digital asset services business, which will initially offer custody solutions. The platform, dubbed Nasdaq Digital Assets, is expected to support the digital asset industry, but the company has no plans to launch a direct trading service in the near future.



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