Nasdaq, Inc. (NASDAQ:NDAQ) today reported financial results for the fourth quarter and full year of 2024.
Net revenues were $4.6 billion, or $4.7 billion on a non-GAAP basis, for the full year 2024, an increase of 19% over 2023, or up 9% on an adjusted basis. This included Solutions revenue increasing 25%, or up 10% on an adjusted basis.
Fourth quarter 2024 net revenue was $1.2 billion, an increase of 10% over the fourth quarter of 2023. This included Solutions revenue increasing 10%, or up 9% on an adjusted basis.
Annualized Recurring Revenue (ARR) of $2.8 billion increased 7% over the fourth quarter of 2023. Annualized SaaS revenues increased 14% and represented 37% of ARR.
Financial Technology revenue of $438 million increased 10% over the fourth quarter of 2023, or up 7% on an adjusted basis.
Index revenue of $188 million grew 29%, with $80 billion of net inflows over the trailing twelve months and $28…
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